CPA Practice

NOVEMBER 4, 2024

Samuel Handwerger, a Certified Public Accountant who teaches at the University of Maryland’s Robert H. Smith School of Business, told The Baltimore Sun he wasn’t surprised to see the IRS conduct a payroll audit, even if he wasn’t sure how often the agency examines state governments. Backup withholding is particularly arduous, he said.

Maryland 111

Maryland Tax audit payroll 111

TaxConnex

APRIL 28, 2022

Even though many audits have shifted to remote audit, the fundamentals of the sales tax audit haven’t changed. The consultancy Agile has cited several stats on sales tax audits, including that one in five small-to-midsize businesses have been audited within the past five years. Fear and loathing.

audit 245

audit auditor general ledger Minnesota 245

PYMNTS

JUNE 29, 2020

As the fallout from Wirecard ’s troubles unfold, Germany’s deputy finance minister has called for radical solutions to fix how accounting firms are regulated, the Financial Times reported. Its founder and CEO Markus Braun, 51, resigned and was later arrested on charges of misrepresenting Wirecard’s accounts and market manipulation.

accountant 88

accountant accounted Account accounting and finance 88

Going Concern

FEBRUARY 10, 2023

Talent As tax season approaches, accounting firms are short on staff [ Marketplace ] Oh hey! How can employers optimise working environments to support the needs of their accountancy teams and ultimately retain them, all while adding value to their organisation? The stablecoin firm released BDO’s assurance opinion on Feb. 31, 2022.

Florida 105

Florida Tax North Dakota accountant 105

PYMNTS

JUNE 29, 2020

The revenue from those businesses was deposited in trust accounts rather than paid straight to the company. WSJ reported on one instance in which an EY senior manager left a note for a Wirecard executive saying EY was preparing to ask questions about a trustee account.

auditor 130

auditor audit been audited financial statements 130

CPA Practice

DECEMBER 2, 2024

The study is an accounting of the cost of in-person audits carried out by the Internal Revenue Service relative to the taxes paid as the result of the audits. These in-person audits, in contrast to “correspondence audits” in which the IRS asks for information via letter, can be labor-intensive and expensive to administer.

Government 59

Government audit Tax tax return 59

CPA Practice

OCTOBER 13, 2023

By Clint Rainey, Fast Company (TNS) Way back in 2012, the IRS launched the largest-ever audit in history, accusing Microsoft of stashing billions in offshore tax havens to dodge U.S. Microsoft’s accounting firm KPMG had spelled out explicit steps to convince the government that the Puerto Rico venture was “real.”

Tax 111

Tax Legal audit been audited 111