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Professionals on the Move – March 2023

CPA Practice

Perfetto has worked with numerous large, publicly traded clients on complex accounting and audit matters such as acquisitions, impairment analysis, valuation, income tax provision, group audits, and management review controls. He is also a member of the American Institute of CPAs and the Idaho Society of CPAs.

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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

The term refers to when the IRS taxes the same income twice—once at the corporation level and again on an individual shareholder’s personal income tax. The IRS taxes corporations as separate legal entities, which opens them up to double taxation. The IRS then taxes them at the corporate income tax rate.

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

Going Concern

There was discussion before voting whether or not to pay an extra amount for auditing services this year to Johnson, Murphey and Wright PC. Considerable research supports that auditors benefit from knowledge spillover gains when they also provide tax services to their audit clients. district court.

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