MyIRSRelief

JULY 3, 2023

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

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audit North Carolina Oklahoma Ohio 130

ThomsonReuters

APRIL 18, 2023

Payroll errors For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. There’s no doubt that without the right technologies in place, payroll errors can be a real concern. Payroll is complex and one of the most regulated functions in an organization.

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Account accountant accounted Technology 52

Going Concern

OCTOBER 11, 2022

The need for formal financial statements is rare because lenders realize the high cost of audited financials is not beneficial to either party, so usually a tax return or basic prepared or compiled financial statement is provided. This is not a bad thing. Educate the media about small business.

Education 101

Education Account accountant accounted 101