article thumbnail

ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

audit 130
article thumbnail

Enrolled Agent Near Me: Comprehensive Tax Services for Individuals and Businesses

MyIRSRelief

Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals. IRS and State Tax Audit Representation One of the most valuable services provided by Enrolled Agents is representation during IRS and state tax audits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When do I have to start collecting out of state sales tax? Part 2

TaxConnex

Major ones include Texas, Pennsylvania, Ohio, Virginia and California. Taking your customers’ word that they are exempt will not help you during an audit.? Variations can exist based on what you’re selling, in most situations, following the destination-based sourcing rules for interstate commerce is a safe bet.

Sales 246
article thumbnail

What's new in sales tax?

TaxConnex

based online retailer of pet supplies and medication, has petitioned the Illinois Independent Tax Tribunal to challenge an audit assessment. In 2023, PetMed was hit with a large audit assessment, including for periods after Leveling the Playing Field came into effect. Virginia’s Republican Gov. Most of Virginia has a 5.3%

Sales 263
article thumbnail

Does sales tax apply to memberships?

TaxConnex

In recent years IHRSA lent its voice to prevent imposition of sales taxes on health club memberships in Maine, Pennsylvania, West Virginia, Wyoming, Georgia and Arizona. South Carolina recently audited three years of retail bookstore Books-A-Million’s records and discovered that no sales tax charged on Millionaire’s Club $25 memberships.

article thumbnail

Understanding Employees’ Preferences: The Key to CPA Firms Attracting Top Talent in 2025

CPA Practice

Avoid the risk of burnout: Flexible schedules can help mitigate stress during high-demand periods, like tax season, audit season and the year-end close. Saah earned a finance degree from Virginia Tech. Giving accountants the option to work during their peak focus hours can help them deliver high-quality work more efficiently.

cpa firm 111
article thumbnail

Grant Thornton Appoints New Leaders to Audit Quality & Risk Leadership Team

CPA Practice

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has appointed two new leaders to the firm’s Audit Quality & Risk practice. Decker assumes her new role from Mary Ropes, an Audit partner at Grant Thornton, who retires after more than 35 years of service at the firm. Thank you for your leadership.”

audit 98