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

inDinero Accounting

Factors affecting cost: Complexity of your tax return Quality of your recordkeeping Number of years under audit Whether you use a tax professional Remember, these are average costs. The auditor may ask questions about specific items on your return. If you do face an audit, don’t panic.

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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

TSG’s lawsuit filed last August in Los Angeles District Court said that Fox had promised TSG a share of defined gross receipts for pictures under the companies’ long-term participation agreement but that the studio used “nearly every trick in the Hollywood accounting book” to not pay. Arizona Auditors Found $1.8

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