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What’s new: state sales and use taxes

TaxConnex

Maryland held that a for-profit company’s purchases for non-profit hospitals were subject to the state’s sales and use tax because there was no agency relationship between the company and the hospitals and, even if an agency relationship existed, that alone would not entitle the for-profit company to an exemption.

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Pros and Cons of Different Types of Real Estate Funds

Cherry Bekaert

Expensive Fees – Non-traded REITs may have high up-front fees, sales commissions and operating expenses, such as management and legal fees. Profits and Loss Visibility – New open-end fund investors participate in profits and loss on existing investments and can assess vehicles’ track records.

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Monday Morning Accounting News Brief: Semper Fi-nancial; EY Gets a D in Auditing; Deepfake CFOs Are a Thing | 2.26.24

Going Concern

Check out the last one LOL: During its inspection, EY Canada disclosed to the PCAOB a number of potential areas of non-compliance related to independence, particularly related to financial relationships. Some related to non-audit services (such as legal services) to the audit client. ” Pennsylvania Auditor General Timothy L.

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