Remove auditor Remove business tax Remove Entertainment Remove tax accountant
article thumbnail

Friday Footnotes: Anyone Wanna Work in Hollywood?; Profit-Hungry CEOs Love Gen AI; KPMG’s SF Future | 1.19.24

Going Concern

Hollywood Oh boy, it turns out that there's a shortage of production accountants in the entertainment industry, which means that there's a great opportunity for people who love crunching numbers and are willing to sell their souls to Hollywood for a paycheck. Arizona Auditors Found $1.8

Arizona 81
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

The worst-case scenario is that the IRS may remove some business tax credits and deductions you claim. Audits aren’t as big a deal as movies and the media make them out to be, especially if you keep organized business records. From there, you’ll communicate with your auditor and provide the documents they ask for.

audit 52
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

The worst-case scenario is that the IRS may remove some business tax credits and deductions you claim. Audits aren’t as big a deal as movies and the media make them out to be, especially if you keep organized business records. From there, you’ll communicate with your auditor and provide the documents they ask for.

audit 52