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Half a dozen ways to mismanage sales tax | TaxConnex

TaxConnex

In states like Kansas, for instance, you may have to file multiple, different types of returns, and your billing system may have nexus thresholds and tax rates entered that are different from what jurisdictions mandate. Auditors will ask for data and any replated invoices. Tax types and nexus pose other wrinkles.

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Research: Seniors Give Better Review Comments If They Think the Staff Will Stick Around

Going Concern

The paper “ Coaching Today’s Auditors: What Causes Reviewers to Adopt a More Developmental Approach? Schaefer (University of Missouri – Kansas City). Abstract of “Coaching Today’s auditors: What causes reviewers to adopt a more developmental approach?”

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Monday Morning Accounting News Brief: PwCers Will Fight You For Their AI; Federal Prison For Jilted Lover Who Swatted the IRS | 5.12.25

Going Concern

It’s also suing the auditing firm Baker Tilly, saying auditors missed signs of fraud. 10, 2024, Alford called 911 in Kansas City and falsely claimed that a person identified as Victim One was armed with a firearm and threatening to carry out a shooting at the IRS Building located at 333 West Pershing Road.

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Friday Footnotes: Someone Hates the Quality Control Standard; EY Associate Doesn’t Care; Deloitte Doesn’t Build Ships | 9.13.24

Going Concern

SEC as EQCF: Statement on Public Company Accounting Oversight Board; Notice of Filing of Proposed Rules on a Firm’s System of Quality Control and Related Amendments to PCAOB Standards [ Statement by SEC Commissioner Hester Peirce ] Auditors play a critical role in maintaining healthy capital markets.

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When a Bank Fails, People ‘Lose Faith’ in the Auditors

Going Concern

bank customers — find it difficult to trust auditors when those auditors have been associated with a failed bank. His new article, “The Role of Audit Firms in Spreading Depositor Contagion,” argues that depositors perceive bank failure as an audit failure, which reduces their assessment of auditor credibility.

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What was new in September for state sales and use taxes

TaxConnex

Auditors reported problems with the Louisiana Sales and Use Tax Commission for Remote Sellers. Kansas businessman James Morey, 68, of Lawrence, pleaded no contest to two counts of theft related to sales tax. Overall sales tax collections remain above pre-pandemic baselines in most states, even if the rate has slowed. Blue bayou.

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Professionals on the Move – Sept. 2024

CPA Practice

Additionally, due to her previous experience as a state revenue auditor, Schultz has the unique ability to manage state audits by utilizing effective audit defense strategies across various industry types. RubinBrown Announces Partner Promotions in Chicago, Denver, Kansas City, and St. All promotions were effective June 1, 2024.

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