Going Concern
JULY 31, 2023
Market concentration in the consultancy industry came to a head this year after it was revealed PwC partners had misused information by passing on confidential Federal Government information to clients, sparking the sale of its consulting business to Allegro Funds to $1. It’s very important for our economy that we have proper audit,” he said.
Going Concern
NOVEMBER 10, 2023
” Wilkinson’s comments came in the wake of news reports saying the government paid KPMG nearly $670,000 to find ways to save money — and after the the Trudeau government announced an initiative to tighten spending and reduce its reliance on outside consultants. .”
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Going Concern
MAY 16, 2024
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CPA Practice
JANUARY 30, 2024
These factors mean that more state and local jurisdictions will need to increase sales tax rates, implement new fees and extend sales taxes to new areas like digital goods and services. Expansion of sales tax on services seems less likely: As a general matter, most states do not broadly tax services – professional and personal.
Going Concern
FEBRUARY 16, 2024
Bill would let private CPAs, not state auditor’s office, audit state agencies [ Radio Iowa ] Senator Mike Bousselot, a Republican from Ankeny, IA seems to think letting CPA firms audit government books instead of the state auditor will fix the accountant shortage somehow? I’m a professional tax preparer.”
Going Concern
APRIL 14, 2023
EY Decision to Call Off Auditing Split Leaves Investors Stranded [ Bloomberg Tax ] Now that EY has deserted any plans to assuage these concerns through a thoughtful split, it’s created a contentious environment for other firms to pursue well-advised efforts to separate their business lines.
Withum
SEPTEMBER 16, 2022
First, the pandemic curtailed spending on services that were not generally taxable. Second, the government issued stimulus checks which pumped more spending money into the economy for those not hurt financially by the pandemic. The post Sales Tax Issues for Online Retailers appeared first on Withum. Contact Us.
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