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What’s Hot on Checkpoint for Federal & State Tax Professionals?

ThomsonReuters

In this edition, we take a look at the recently enacted corporate alternative (book) minimum tax; new elections to convert credits to cash or tax payments; changes to the electric vehicle credit; recent legislation in Kansas, Kentucky, and Missouri; and state taxation of forgiven student loans.

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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

Contact us for professional tax help today! During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. Understanding ERC IRS Audits 1.1 What is an ERC IRS Audit? ERC IRS Audit Process 2.1 What Happens During an ERC Audit?

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Anders Names 6 New Partners for 2023

Anders CPA

Her clients have benefited from Lesley’s exhaustive experience with various consulting services, including accounting process and internal control improvements, as well as quality of earnings analysis and financial statement due diligence. Louis University and a B.S. Lesley is also a graduate of The Rainmaker Academy.

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Friday Footnotes: If There’s AI in Your Job, There May Be More Money; Audits Make Clients Anxious; Who You Calling an Unsexy Sector!? | 5.24.24

Going Concern

Audit: Hundreds of billions in errors in Missouri’s annual financial report [ The Center Square ] An audit of Missouri’s comprehensive financial report for 2023 found billions of dollars in errors and a need for improved internal controls and procedures.

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Top accounting issues in 2023

ThomsonReuters

That’s why it is no surprise that the AICPA’s most recent “Top Firm Issues Survey ” found that “keeping up with changes and complexity of tax laws” is among the top issues for firms large and small. Firms that do not offer staff the flexibility they desire risk losing talent.

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