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IRS starts up pass-through compliance unit

Accounting Today

The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.

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How to Be Prepared for an ERC Audit

CPA Practice

It is stepping up efforts to audit employers as aggressive promoters continue to make a pitch for fraudulent refunds (IR-203-40, 3/7/23). The IRS is actively auditing and conducting criminal investigations related to these false claims. The ARPA also allowed certain startup companies to claim the credit.

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How to Be Prepared for an ERC Audit

CPA Practice

It is stepping up efforts to audit employers as aggressive promoters continue to make a pitch for fraudulent refunds (IR-203-40, 3/7/23). The IRS is actively auditing and conducting criminal investigations related to these false claims. The ARPA also allowed certain startup companies to claim the credit.

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Fund Audit Requirements

Withum

In this release of Venture To Know we discuss the key scenarios that prompt an investment fund to undergo an audit. What Are the Most Common Circumstances That Prompt a Fund To Undergo an Audit? One of the things you may have already given some thought to is whether or not your annual financial statements are required to be audited.

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Top Remote Tax and Accounting Candidates of the Week | April 3, 2025

Going Concern

Sign up now to find your next hire. Drop your information here , and we’ll reach out to schedule a call to discuss how Accountingfly can work for you.

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Crunching the Numbers: Decoding the Right Time for a Financial Statement Audit

Shay CPA

” However, when it comes to financial statement audits, the timing isn’t quite as forgiving as planting trees. In the fast-paced world of technology start-ups, decisions made today can impact the trajectory of your company for years to come. One such decision is when to conduct a financial statement audit.

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Friday Footnotes: Know Your Value; Retired EY Partners Complain; ‘Rest For Success’ | 2.3.23

Going Concern

EY under fire over its two roles at battery start-up Britishvolt [ Financial Times ] EY has come under fire over its switch from adviser to administrator of failed battery start-up Britishvolt as questions mount over a possible conflict of interest created by its twin roles. Mazars do a good job.

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