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Navigating an IRS Audit: Understanding and Mitigating Risks for a Small Business Audit

inDinero Accounting

An IRS audit is a review of an organization’s or individual’s accounts and financial information to ensure information is reported correctly according to tax laws and to verify the reported amount of tax is correct. Use accounting software to track income, expenses, and deductions throughout the year.

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Friday Footnotes: Anyone Wanna Work in Hollywood?; Profit-Hungry CEOs Love Gen AI; KPMG’s SF Future | 1.19.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

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Rollback of Sync: A Feature Overview

Snyder

In business, keeping accounting books – records of all the financial operations of your business – is a must. Nowadays the process is made easier by high-quality accounting software which eases the strain of heavy responsibilities. What is the rollback of sync? Why do you need rollback?

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Accounting Software for Accountants and Bookkeepers

Snyder

Accounting software is the primary operational tool for bookkeepers and accountants. With a large selection of products available on the market, it’s possible to pick the one that best addresses the unique needs of your accounting firm and your clients. . How to Choose the Right Accounting Software for Your Business?