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Kevin D. Holmes Named Business of Entertainment Visionary by L.A. Times

Withum

Holmes on their list of Business of Entertainment Visionaries for 2024. Kevin D Holmes, a partner in Withum’s Los Angeles office, specializes in audit, business advisory and internal controls consulting. Times B2B Publishing honored Business of Entertainment Visionaries in its June 18, 2024 edition. The post Kevin D.

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How far back can the IRS audit?

xendoo

Generally, the chances of the Internal Revenue Service (IRS) auditing you are low. For most taxpayers, the audit rate is less than 1% to 2%. However, businesses tend to have more complex tax returns, so auditing is a concern. How far back can the IRS audit you? Businesses can take steps to avoid triggering an audit.

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How far back can the IRS audit?

xendoo

Generally, the chances of the Internal Revenue Service (IRS) auditing you are low. For most taxpayers, the audit rate is less than 1% to 2%. However, businesses tend to have more complex tax returns, so auditing is a concern. How far back can the IRS audit you? Businesses can take steps to avoid triggering an audit.

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Withum Names Twenty New Partners 

Withum

Patrick Donahue is an audit partner specializing in integrated audits. Mark Eckerle is an audit professional specializing in the technology and emerging growth industry with client concentrations in digital assets and blockchain technology.

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IRS Audit Red Flags: How to Avoid Getting Tax Audited by the IRS

Snyder

Many small business owners often feel like they might be a heartbeat away from the IRS tax audit. In fact, according to the IRS data , only about 1 percent of taxpayers are facing an audit. percent of small businesses are getting tax audited. What is a tax audit? What does a tax audit mean? IRS tax audit process.

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SVOG Audit Requirements: SBA Provides Updated Guidance

Withum

SBA Clarifies Audit Requirements for Shuttered Venue Operators Grants. This additional information further clarifies the audit requirements for SVOG recipients. This additional information further clarifies the audit requirements for SVOG recipients. General Audit Items. SVOG Post-Application Guidance.

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Update: SBA Clarifies Audit Requirements for Shuttered Venue Operators Grants

Withum

Over the past few months, the SBA has provided several audit-specific webinars for entities that have received an SVOG grant. The audit requirement is different for non-profit entities (referred to as non-Federal entities within 2 CFR 200) and for-profit entities. General Audit Items. Non-profit Entities.

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