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Kill the Audit Industry, Says Ex-Auditor

Going Concern

In the WaPo opinion pages yesterday one Duncan Mavin, who got his start in the 90s, says the best way to solve the audit industry’s many conflicts is to kill it altogether. He starts the piece summoning the ghost of Enron, as all writers do when discussing what happens when audit goes wrong. billion in global revenue.

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Navigating Tax Compliance Challenges in the Trucking Industry: How Our Tax Firm Can Guide You

MyIRSRelief

Trucking companies form the backbone of the transportation industry, ensuring that goods are delivered efficiently and promptly across the country. Audit Risks: Trucking companies are susceptible to tax audits due to the nature of their business, potentially leading to significant financial strain and disruptions.

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Professionals on the Move – Jan. 2024

CPA Practice

The strategic acquisition also encompasses Mueller dotKonnect , a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. Tang brings more than 13 years of public accounting and audit experience with large regional CPA firms.

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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

Manufacturing and Construction: From specialized manufacturers to construction companies rebuilding LA’s infrastructure, these industries require assistance with depreciation schedules, property taxes, and payroll tax compliance. Payroll management services ensure timely and compliant employee payments.

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Monday Morning Accounting News Brief: PwC Is Turning Work Down?; TIL the President of Nigeria Worked at Deloitte | 9.11.23

Going Concern

Yesterday on FT : PwC to curtail consulting work for US audit clients to reduce conflict risk PwC is planning to give up tens of millions of dollars of consulting work for its US audit clients to reduce the risk of conflicts of interest, challenging its rival Big Four firms to follow suit.

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Using an Income Tax Preparation Service: Is It Worth the Cost?

MyIRSRelief

They can help ensure that you are taking advantage of all the tax credits and deductions available to you, and can also help you avoid any costly mistakes that could result in an audit or fines. Call Mike Habib, EA today at 562-204-6700 for tax & accounting service.

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Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Every year business owners have to bear the burden of the tax season, paying taxes for income, payroll, property, sales, and so on. In this article, you’ll learn what tax deductions are, which expenses are deductible, and how to minimize the risks of the IRS tax audit. Besides, business owners can deduct their payroll tax.

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