MyIRSRelief

AUGUST 2, 2024

This dichotomy creates a complex tax landscape for cannabis businesses, particularly concerning compliance, audits, and the infamous Section 280E of the Internal Revenue Code (IRC). Navigating Audit s IRS Audits The IRS has made it clear that cannabis businesses are a priority for audits.

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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.

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CPA Practice

SEPTEMBER 22, 2023

Taylor, Kiplinger Consumer News Service (TNS) IRS audits raise anxiety for many taxpayers. But beyond the EITC, there have been concerns over the years whether the IRS focuses enough on higher earners and has the resources to effectively audit complex partnerships and large corporations. Now, in a Sept. Now, in a Sept.

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audit income tax tax return Tax 119

Withum

JUNE 26, 2023

Withum is proud to share that Aaron Slaughter was named to the Washington Business Journal 40 Under 40 List for 2023. Aaron, who has over 12 years of experience in the industry, specializes in audits of multiemployer benefit plans and labor unions. Read the Washington Business Journal’s complete list of honorees.

Washington 98

Washington audit 98

CPA Practice

JANUARY 23, 2023

With markets changing and capital becoming more constrained by the day, there is a rapidly heightened awareness of the role that due diligence and audits play. These manual verification procedures are painstaking — and most often relegated to the audit professionals early in their career. By Tod McDonald.

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TaxConnex

JANUARY 30, 2025

Reporting taxes that arent calculated within the sales tax automation solution and not added to an invoice such as Washington Business and Occupations tax or the Ohio Commercial Activities Tax. Tracking, managing, and resolving notices that arrive via the US mail or posted in the states e-file sites.

Sales 147

Sales Tax E-commerce Ohio 147

MyIRSRelief

OCTOBER 11, 2024

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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TaxConnex

AUGUST 25, 2022

Audits are a clear danger. If you and your company haven’t been hit with a sales tax audit yet, congrats. more than one in four top professionals in varied industries reported seeing an increase in state sales tax audits in the past two years. Not someone who will ask you to take a number and wait for a response.

Sales 243

Sales Tax audit Alaska 243

Going Concern

FEBRUARY 24, 2023

Some time last year PCAOB inspectors visited China and while details of their visit were kept somewhat quiet from both sides, we were told that the inspectors gained unprecedented access to Chinese audit work.

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audit auditor accounting and finance Washington 106

TaxConnex

JULY 21, 2022

Most states and Washington, D.C., Taking your customers’ word that they are exempt will not help you during an audit.? There’s no statute of limitations for an unregistered tax payer, meaning that unpaid tax liabilities for non-filing years can be audited indefinitely – and penalties associated can start at 25% of tax liabilities.

Sales 246

Sales Tax Pennsylvania Ohio 246

TaxConnex

JUNE 20, 2023

South Dakota joins California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds. As of July 1, South Dakota is removing the 200-transaction threshold; only those selling $100,000 or more into the state will be required to register and collect and remit sales tax. Starting Aug.

South Dakota 246

South Dakota North Dakota Wisconsin Iowa 246

Going Concern

NOVEMBER 4, 2024

Earlier: PwC Joins Deloitte, KPMG, and Mazars in the Cheater Hall of Fame The Conversation (Australia) asks a simple question: The ‘big 4’ accounting firms often consult for the same clients they audit. Public trust in the auditing profession is under intense pressure. Should that be allowed?

Account 106

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CPA Practice

DECEMBER 4, 2024

This acquisition aims to strengthen Cherry Bekaert’s position in the greater Washington, D.C. It also enhances Cherry Bekaert’s capabilities in audit and tax services and offers DeBlanc, Murphy & Murphy clients access to a broader range of specialized services. “We

Maryland 52

Maryland Virginia Washington cpa firm 52

Withum

MAY 16, 2025

Our team closely monitors and analyzes proposed tax legislation, providing individuals and businesses with timely insights to help navigate the evolving tax landscape.

Manufacturing 95

Manufacturing Transportation audit Maine 95

Going Concern

JANUARY 12, 2024

million in audit fees in 2022.) How did Deloitte, the auditing heavyweight watching over Tingo’s books, miss a scam that Hindenburg, an outsider, called out as painfully obvious? Audit Do former regulators improve the quality of audits? Audit Do former regulators improve the quality of audits? Tingo paid $1.6

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CPA Practice

NOVEMBER 27, 2024

Avoid the risk of burnout: Flexible schedules can help mitigate stress during high-demand periods, like tax season, audit season and the year-end close. operations, based in the Washington, D.C., Giving accountants the option to work during their peak focus hours can help them deliver high-quality work more efficiently.

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cpa firm CPA Technology accounting and finance 111

Going Concern

OCTOBER 25, 2023

The paper-pushers at the PCAOB have punished another audit firm for running afoul of their rules , this time it’s Smythe of British Columbia, Canada and no one involved in this story is based in the United States except for said paper-pushers. The firm used the work of PwC Malta on the Scully audits, PKF Audisur on Tower One.

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TaxConnex

DECEMBER 28, 2023

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. In 2021, Wisconsin and Maine both removed their transaction threshold; in 2023, South Dakota and Louisiana joined suit.

Sales 264

Sales South Dakota Louisiana Tax 264

Going Concern

JULY 31, 2024

Senator Joni Ernst (R-Iowa) blasted IRS Commissioner Daniel Werfel for a complete lack of accountability and introduced the Audit the IRS Act , requiring annual audits of agency employees and the termination of every IRS agent who isn’t paying their taxes.

Iowa 119

Iowa Tax Ohio audit 119

CPA Practice

OCTOBER 18, 2024

The Greater Washington Society of CPAs (GWSCPA) recently announced its list of board members and nominations for the 2024/2025 year. In addition to assisting in the coordination and management of the Association’s annual audit and budget, she oversees the payroll and benefits accounting. She holds a B.S.

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TaxConnex

MARCH 21, 2024

It did, but the South Carolina Department of Revenue later audited Amazon and found that it had failed to adequately tax sales by third-party merchants. After initial incentives from South Carolina for an Amazon investment in fulfillment centers 13 years ago, the company was to have begun collecting South Carolina sales tax in 2016.

South Carolina 264

South Carolina Sales Tax Alabama 264

CPA Practice

JULY 19, 2023

By Katelyn Washington, Kiplinger Consumer News Service (TNS) The IRS allocated some of its funding from the Inflation Reduction Act to tax enforcement, and tax-evading millionaires and billionaires are targets. Chances of an IRS audit IRS audits of wealthy taxpayers dropped in recent years, according to a 2022 report from the U.S.

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tax return audit Washington Tax 98

CPA Practice

OCTOBER 11, 2023

average increase in starting salaries for positions in audit and assurance in 2024. For this article, we reviewed 2024 starting salary projections for eight public accounting positions in the following eight HCOL cities: New York, San Francisco, Boston, Washington, D.C., Washington, D.C. Salaries in Boston and Washington, D.C.

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public accounting accountant salary Account accounted 115

Going Concern

JUNE 10, 2022

This press release from the SEC is wayyyy too boring to be rewritten in an interesting way on a sunny Friday afternoon so have some copy paste instead: The Securities and Exchange Commission today charged audit firm CohnReznick LLP with improper professional conduct on engagements for two clients in 2017. Audits in 2017; charges June 8, 2022.

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audit auditor financial statements Washington 111

Withum

OCTOBER 3, 2024

She is a natural leader within Withum’s DC office, managing highly complex audits, assists in leading firm-wide trainings, managing the office’s internship program, spearheading onboarding, and provides mentorship to new staff. Caroline is an incredible asset to all our team members at Withum and the clients she services.

Maryland 111

Maryland public accounting Washington audit 111

Going Concern

OCTOBER 13, 2023

As the end of former PwC CEO Luke Sayers’ lengthy questioning approached, Senator O’Neill reproduced a submission from PwC Australia in 2019 to a Senate inquiry at the time that was examining audits and consulting firms. News Washington Wizards Partner With Learn Fresh To Bring NBA Math Hoops To Washington, D.C.

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audit Washington Non-Profits Sports 120

CPA Practice

JULY 16, 2024

AuditBoard , a cloud-based platform transforming audit, risk, compliance, and ESG management, has launched new of out-of-the-box, self-assessment tools that enable internal auditors to easily assess and streamline conformance with the new Institute of Internal Auditors (IIA) Global Internal Audit Standards that go into effect January 9th, 2025.

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auditor audit Washington Manufacturing 105

CPA Practice

SEPTEMBER 19, 2023

Taylor, Kiplinger Consumer News Service (TNS) IRS audits raise anxiety for many taxpayers. But beyond the EITC, there have been concerns over the years whether the IRS focuses enough on higher earners and has the resources to effectively audit complex partnerships and large corporations. Now, in a Sept. Now, in a Sept.

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audit income tax tax return Tax 59

Going Concern

AUGUST 5, 2022

needs full access to Chinese company audit papers to resolve accounting dispute -watchdog [ Reuters ] The U.S. public company accounting regulator will not accept any restrictions on its access to the audit papers of Chinese companies listed in New York, its chair said on Monday, confirming a Reuters story published last week.

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Account accounted accountant Washington 98

CPA Practice

AUGUST 4, 2023

Whether our clients need tax, audit, or advisory assistance, together we have the skills, knowledge, and breadth of services to impact our clients’ business.” CLA now has 11 locations across Washington state and more than 120 offices across the U.S.

cpa firm 52

cpa firm Washington CPA Real Estate 52

Going Concern

APRIL 28, 2023

This time it is related to their audit of TheWorks.co.uk, a discount retailer specializing in arts, crafts, toys, books, stationery, and perpetual fire sales of various cheap stuff with which to clutter your domicile and desk drawers. Another day, another Financial Reporting Council fine for KPMG. What did they do? Inventory got ’em.

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audit auditor Washington Retail 97

Going Concern

OCTOBER 1, 2022

Last year around this time we looked at how public accounting starting salaries in five cities with the highest cost of living —San Francisco, New York City, Washington, DC, Boston, and Seattle—compared to the projected national averages for 2022. Senior manager/managing director, audit and assurance services. Washington, DC.

public accounting 104

public accounting Account accounted accountant 104

TaxConnex

FEBRUARY 25, 2021

A number of states - including Colorado, Georgia, Pennsylvania and Washington and more - have chosen to offer remote sellers the option of complying with strict use tax notification and reporting requirements rather than registering for sales tax under nexus provisions. Use tax or sales tax is due on a sale, but not both.

Rhode Island 235

Rhode Island Tax Colorado Georgia 235

Withum

MAY 21, 2024

He leads Withum’s Not-for-Profit and Education Practice in the Washington, DC Metro Area. He currently holds board positions on both the American Association of Suicidology and the Pennsylvania Society of Association Excellence, and serves on the audit committee of the Pittsburgh Foundation.

Pennsylvania 116

Pennsylvania Washington Education audit 116

MyIRSRelief

MARCH 1, 2025

Whether its unfiled tax returns, overwhelming back taxes, an audit, payroll issues, or aggressive IRS actions like levies, you dont have to navigate this stressful situation alone. IRS Audits: Expert Defense You Can Trust Few things strike fear into taxpayers like the word audit. Our process begins with audit readiness.

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Tax tax return audit payroll 130

CPA Practice

MARCH 8, 2024

An investigation by The Washington Post tested new built-in AI systems offered by TurboTax and H&R Block, and found that they were frequently unhelpful and often just plain wrong when it came to offering advice.

Tax 111

Tax Washington Legal audit 111

Going Concern

MAY 28, 2024

Blue Ash-based tax, advisory and audit firm Cassady Schiller CPAs & Advisors will become part of Katz, Sapper & Miller in a transaction that will be completed May 31. A Spokane, Washington business journal wrote about a CPA of note. Terms were not disclosed. Yeah, we definitely need to dig around in that report.

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