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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

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Enrolled Agent Near Me: Comprehensive Tax Services for Individuals and Businesses

MyIRSRelief

Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals. IRS and State Tax Audit Representation One of the most valuable services provided by Enrolled Agents is representation during IRS and state tax audits.

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Half a dozen ways to mismanage sales tax | TaxConnex

TaxConnex

In states like Kansas, for instance, you may have to file multiple, different types of returns, and your billing system may have nexus thresholds and tax rates entered that are different from what jurisdictions mandate. Audits Thankfully, you may never go through a sales tax audit. Tax types and nexus pose other wrinkles.

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Handling Sales Tax In-House: Job Market Challenges Continue

TaxConnex

Arkansas, Kansas, Pennsylvania, Tennessee, Texas and Florida were the latest states to report sales tax revenue shattering predictions. Can audits and stricter enforcement be far off? Globally, more than nine out of 10 internet users have purchased products online. Domestically, that’s turned into a lot of tax revenue.

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2024: What’s coming up in sales tax

TaxConnex

Weaker state revenue The kind of year it’s going to be for state coffers could greatly influence such future sales tax trends as new levies, tougher nexus thresholds and intensifying audits. If so, watch out for 2024. For example, in Georgia effective this Jan.

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Do you really understand economic nexus for sales tax?

TaxConnex

Louisiana worked to streamline its notoriously confusing sales tax environment; and Kansas?set Now that the pandemic helped them discover just how lucrative sales tax can be, states and jurisdictions are also intensifying sales tax investigations and audits. set a new economic nexus threshold for companies.

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Friday Footnotes: Deloitte’s Naughty Workpapers; Audit Reform Critics; Clients Getting Dropped Like Mics | 3.4.22

Going Concern

Deloitte considers Russia pull out as pressure grows on western firms to exit [ Financial News ] Deloitte is considering pulling out of Russia, becoming the first Big Four audit firm to do so as pressure grows on Western companies to cut ties with the country following its invasion of Ukraine. Antar (@SamAntar) March 4, 2022.

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