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Monday Morning Accounting News Brief: Capping Busy Season Hours FTW; Open the Books on Audit Firms? | 4.15.24

Going Concern

If finalized by the Board, the proposed chapter would become Chapter 6 of FASB Concepts Statement No. 8, Conceptual Framework for Financial Reporting , and would represent the completion of the FASB’s Conceptual Framework. Their policies at home rapidly slashed corporate taxes and regulations. billion to Intel Corp.,

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2022 Year-End Tax Planning Checklist

Withum

For example, common states where people move to reduce state taxes are Florida, Texas, Wyoming, and Nevada. Contact a member of Withum’s Tax Services Team to start planning as year-end approaches. Year-End Tax Planning for Businesses. The corporate tax rate is currently a flat 21% rate.

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Friday Footnotes: Staffing Disasters; Let’s Rag on EY; A Warning For Tax Practitioners | 4.14.23

Going Concern

Tax executives expect higher rates of audits, disputes: EY [ CFO Dive ] Half of senior tax executives expect the number and intensity of audits and disputes to rise during the next two years as authorities in dozens of countries step up coordination while enacting new global tax rules, EY found in a global survey.

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