Going Concern

JANUARY 10, 2024

Gil then provided those falsified records to an accountant who unwittingly used them to prepare false business and personal income tax returns for those years. In total, Gil caused a tax loss to the IRS of approximately $1.6 In addition to the term of imprisonment, U.S. District Judge Andrew P.

tax return 62

tax return Tax Nevada income tax 62

MyIRSRelief

JULY 3, 2023

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.

audit 130

audit North Carolina Oklahoma Ohio 130

Going Concern

DECEMBER 2, 2022

Audit committee disclosures increase, right along with workload [ Journal of Accountancy ]. For the first time in the history of the annual report, more than half (54%) of S&P 500 companies disclosed that their audit committees are responsible for cybersecurity risk oversight. The same thing year after year, you say?

public accounting 95

public accounting audit Account accountant 95

CPA Practice

JANUARY 5, 2024

A Nevada accountant was sentenced Wednesday to 13 months in prison for his role in separate bribery and tax fraud conspiracies. Lewis’ conduct caused a tax loss to the IRS of more than $1.5 Gordon for the District of Nevada ordered Lewis to serve three years of supervised release and to pay approximately $704,002 in restitution.

CPA 52

CPA Nevada Tax tax return 52

inDinero Tax Tips

APRIL 11, 2023

From startups to public enterprises, your bottom line is affected by your state of incorporation’s corporate income tax, excise (sales and use) tax, sales tax, physical and economic nexus tax, franchise tax, and gross income tax. Final payment on the remaining balance of franchise tax over $5,000 owed.

Delaware 52

Delaware Nevada Tax Sales 52

Going Concern

OCTOBER 20, 2023

AI PwC Offers Advice From Bots in Deal With ChatGPT Firm OpenAI [ Bloomberg ] PricewaterhouseCoopers LLP has teamed up with ChatGPT owner OpenAI to offer clients advice generated by artificial intelligence as the Big Four audit firms look to cut costs and boost productivity. CEO, Audit & Assurance, Deloitte & Touche LLP.

CPA 103

CPA quickbooks Real Estate auditor 103

inDinero Tax Tips

MARCH 2, 2023

That means you must disclose any cryptocurrency trading activity conducted over the past year on your tax return. As many IRS audits and prosecutions have shown, this is not the case. Taxpayers are required to report all cryptocurrency transactions, including buying, selling, and trading, on their tax returns.

Tax 98

Tax income tax South Dakota tax return 98