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7 Ways a Business is Selected for Audit

TaxConnex

sales tax audits ?were sales tax audits to become more common over the next two years. of respondents said they believe audit levels?will already seen an increase in the number of audits in the past two years. ramping up audits remains?anecdotal,?but How does a business get selected for an audit? anecdotal,?but

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Sales tax processes – beyond software’s promises

TaxConnex

In Missouri, for instance, one of the latest states to enact economic nexus, $100,000 in sales into the state in a year ignites economic nexus and your obligation to collect Missouri sales tax from customers and remit it to the state. Sometimes audits purely happen by chance. Need help with your sales and use tax obligations?

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Research: Seniors Give Better Review Comments If They Think the Staff Will Stick Around

Going Concern

Fresh academic research has found that audit seniors are more likely to offer better constructive feedback and coaching to their juniors via review comments if the seniors think they’ll be working with that staff again. The paper “ Coaching Today’s Auditors: What Causes Reviewers to Adopt a More Developmental Approach?

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Don't Test Your Luck with Non-Compliance

TaxConnex

sales tax audits ?are sales tax audits to increase over the next two years.? already seen an increase in audits over that same time. Even the only two states with a state-wide sales tax that have held out from enacting economic nexus – Florida and Missouri – may be edging toward making sellers collect and remit sales tax.

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Friday Footnotes: Baker Tilly Did What!?; Internship Ranking Winner Same As Last Year; Pillar II to Be a PITA | 10.25.24

Going Concern

. — Going Concern (@going_concern) October 23, 2024 Local Potsdam village officials to begin search for new auditing firm [ North Country Now (New York)] The country-wide municipal mess continues… The village [of Potsdam, NY] is looking for a new firm to complete its annual fiscal audit.

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Rumor: There Might Be a Big Merger in the Works For FORVIS

Going Concern

The bulk of Praxity firms are overseas (to us) excepting Toronto’s MNP which requires no sea travel to get to from Springfield, Missouri. Those firms are: IPA Rank Firm Revenue 9 CliftonLarsonAllen $1.7 billion 10 Baker Tilly $1.6 billion 11 Crowe $1.3 billion 12 CBIZ + MHM $1.2 billion 13 Marcum $1.2 billion 14 Moss Adams $1.1

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri. Audit City Of Rawlins Opts To Select New CPA’s For City Audits [ Bigfoot99 News ] Here’s how much a city audit costs in Wyoming. It’s not easy but it’s worth it.”

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