TaxConnex

DECEMBER 23, 2021

The Sales Tax Institute reports that Maine, Illinois, California, Massachusetts, Wisconsin and Washington have been the most aggressive states in sending notices and audit requests. Industry observers look for New York, Ohio and New Jersey to soon intensify enforcement. Treat the auditor respectfully.

audit 168

audit Sales Tax auditor 168

TaxConnex

DECEMBER 10, 2020

The company has paid nearly $69,000 in restitution for sales tax it collected and failed to pay to state coffers between June 2011 and December 2015. The case was referred to investigators after an auditor found that the business hadn’t filed quarterly sales tax returns or remitted sales tax collected for that period.

Sales 158

Sales Tax Ohio Nebraska 158

Going Concern

SEPTEMBER 29, 2023

Smucker — makers of Smucker’s jam, Folger’s coffee and Jif peanut butter — has an innovative return to office policy. The company expects each of its roughly 1,300 Orrville, Ohio-based corporate workers to be on site for 22 “core” weeks a year.

auditor 99

auditor audit New York CPA 99

Going Concern

MARCH 25, 2022

I would have thought that accountants would be seen as boring, but effective and the perfect person to do a good job on your tax return,” Wijnand Van Tilburg, a study co-author and senior lecturer in the university’s psychology department, said in a statement last week. Louis worked as a Tax Examiner for the IRS from 1985 to 1994.

tax return 52

tax return audit auditor cpas 52

Going Concern

JUNE 23, 2023

Audit “When you are a hammer, the world is a nail” – SEC and PCAOB Senior Staff Signal Increased SEC and PCAOB Gatekeeper Enforcement [ Lexology ] SEC Enforcement and PCAOB Enforcement both are pursuing more significant sanctions against auditors, particularly with respect to civil money penalties. 31 is still not finished.

cpa firm 100

cpa firm CPA auditor North Carolina 100

Going Concern

NOVEMBER 10, 2023

They also expect auditors to understand and evaluate processes and controls, analyze transaction-level data for anomalies, and test more data in real-time,” said Scott Flynn, KPMG vice chair—Audit, in a news release. Earnest and Randell were separately convicted of individual counts of preparing false tax returns.

audit 101

audit accounting and finance auditor Mississippi 101

Going Concern

AUGUST 4, 2023

Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns [ Bloomberg ] Special-purpose acquisition company Digital World Acquisition Corp. said in a filing Tuesday that its auditor Marcum LLP — which has been riddled with regulatory problems of its own — abruptly resigned.

cpa firm 93

cpa firm CPA accounting firms accounting and finance 93