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Navigating EDD Tax Audits: The Benefits of Professional Representation

MyIRSRelief

Tax audits can be a daunting experience for any taxpayer, and when it comes to the Employment Development Department (EDD) audits, the stakes can be particularly high. The EDD is responsible for administering unemployment and disability insurance, payroll tax collection, and job training/workforce services in California.

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Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

Benefits: Expert Guidance: Professionals handle all communication with the tax authorities, reducing the stress of direct dealings. Better Outcomes: Experienced representatives can negotiate more effectively and understand what the auditors are looking for. What Should I Do About Unpaid Back Taxes in Corona, CA?

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New year tax resolution – resolve your tax problem today

MyIRSRelief

Some common tax problems include: Failing to file a tax return: If you fail to file a tax return (1040, 1120, 1065, 941, etc.), you may be subject to penalties and interest on failure to file and on any unpaid taxes.

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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Furthermore, using the cash basis instead of accrual accounting could potentially provide small businesses with tax advantages they might otherwise not have access to. More Examples of Accrual Accounting Two examples of accrual accounting are accrued salaries and wages and accrued payroll taxes. You’re considering an IPO.

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Commit Fraud and Get Away With It

FraudFiles

When auditors show up and ask to examine records, make sure they get everything they need. Auditors sometimes get suspicious if you don’t cough up the documents. The IRS can show up and demand those missing payroll taxes — the ones you’ve been taking instead of sending in.

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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity

PYMNTS

Parma was the target of a recent audit by state Auditor Nicole Galloway, who found evidence of payroll fraud and/or “improper payments to the mayor, city clerk, and to city officials and others who were related to the major or city clerk.”

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Friday Footnotes: Screw the Office; Auditor Sues EY For Doing Her Job; IRS Levels Up | 9.16.22

Going Concern

EY fired auditor for not approving illegal transactions, says a new lawsuit [ Reuters ] Ernst & Young LLP has been sued by a former partner who says she was forced out of her job for refusing to sign off on client transactions that violated tax and securities laws. appeared first on Going Concern.

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