TaxConnex

DECEMBER 21, 2023

Remit taxes collected or tax liability accrued on a current or prospective return - The business will remain at risk for penalties and interest under audit. If you’re looking for more tips as we close out the year, listen to our webinar from November on creating your End of Year Sales Tax Checklist.

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TaxConnex

JANUARY 9, 2024

62% of respondents have some level of difficulty attracting and retaining the right talent to remain compliant with changing sales and use tax obligations leading to staff frustration and burnout in addition to a growing (23%) lack of confidence in audit preparedness.

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Sales Tax Education audit 264

TaxConnex

AUGUST 31, 2021

When companies determine on their own (not from a tax authority or audit) that they have historical risk concerning sales tax obligations and exposure, one of the primary options for mitigation is a VDA. Simply, a state cannot find and audit every business that is not in compliance. Generally, states will waive the penalties.

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TaxConnex

NOVEMBER 4, 2021

TaxConnex is pleased to announce the completion of their second annual sales tax survey finding that the increasing sales tax complexities, growing nexus, fear of sales tax audits and limited resources to do what is necessary to remain compliant are among the top worries of financial professionals heading into 2022.

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Sales Tax audit Finance 246

TaxConnex

NOVEMBER 18, 2021

It’s generally better to be proactive in understanding and mitigating your sales tax risk rather than waiting for a jurisdiction to identify you for audit. For more, see our recent webinar on mitigation. Prior-period liability can be extremely costly as states and jurisdictions crack down on non-compliance.

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Sales Tax Non-Profits Start-ups 246

TaxConnex

JULY 9, 2024

Audits Thankfully, you may never go through a sales tax audit. For more on what can go wrong with sales tax compliance, see our webinar “Sales Tax Filing – What Can Go Wrong?” On portals you’ll also find information on other taxes, such as Washington’s B+O tax. Auditors will ask for data and any replated invoices.

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Sales Tax Colorado tax return 264

Withum

AUGUST 2, 2023

On July 25, 2023, the Office of Fraud Enforcement and National Fraud Counsel of the IRS hosted a webinar on the Employee Retention Credit (ERC) and discussed the current landscape of enforcement for tax professionals. If you want a more robust analysis of these rules, read our article here or watch our ERC Audits on-demand webinar.

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Nancy McClelland, LLC

AUGUST 15, 2022

My colleagues at the National Society of Accountants for Cooperatives are offering a 75-minute webinar on Tuesday, August 23 to discuss the requirements and pitfalls in claiming Employee Retention Credits (ERC). You can expect their enforcement division to ramp up audits in the next few years.

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TaxConnex

NOVEMBER 2, 2023

Most CPAs use the fourth quarter of the year for audit and tax planning for clients, strategic planning for the firm and of course, CPE. Look out for our December webinar for an additional CPE credit!) October 15 th ended the last major income tax due dates in 2023.

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Sales Tax income tax tax planning 263

Anders CPA

JULY 21, 2022

Watch our recorded webinar to hear from not-for-profit industry leaders on what to expect and how we can help your organization navigate these changes. View the recorded webinar by completing the form below. The post Not-for-Profits in the Know Webinar Series: In-Kind Donation Reporting is Changing appeared first on Anders CPA.

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TaxConnex

DECEMBER 3, 2020

Alpharetta, GA - TaxConnex, Inc today released the results of a new survey finding that the increasing sales tax complexities, growing nexus, limited resources and additional audits are among the top worries of financial professionals in 2021. Click here to download.

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South Dakota Sales Tax Finance 211

Cherry Bekaert

MAY 9, 2024

For many architecture and engineering (A&E) firms, overhead rate audits are a critical aspect of financial management since they can be a great way for firms to recoup incurred costs necessary to run their business from the government. Q: What is an overhead rate audit? Q: What are the benefits of an overhead rate audit?

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Going Concern

JULY 29, 2022

Williams at a virtual event hosted by Council on Institutional Investors (CII) on the 20th anniversary of Sarbanes-Oxley and the establishment of the PCAOB: When the PCAOB was first getting off the ground in 2003, it adopted existing standards that had been set by the auditing profession on what was intended to be an interim basis.

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audit Legal 105

CPA Practice

OCTOBER 24, 2024

Given the significant changes in the auditing environment since that time, the PCAOB made it a priority to modernize and update those rules. In 2023, only 14 audit firms out of a total of more than 1,600 registered with the PCAOB met the 100-issuer-or-more threshold. 1, A Firm’s System of Quality Management , adopted by the AICPA.

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TaxConnex

DECEMBER 2, 2021

Under audit, a state is likely to ask for copies of these resale exemption certificates, and in the absence of a valid certificate, any transaction(s) are likely to be deemed taxable. See our webinar on sales tax in the manufacturing industry for more on this.). Resale exemption certificates.

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Manufacturing Sales Tax Non-Profits 245

ThomsonReuters

NOVEMBER 29, 2023

This, in turn, puts tax departments at greater risk for even more audits and stiffer penalties. During the webinar, panelists discussed ways to reduce risk, avoid audits and potential penalties, and explore solutions to the challenges ahead. It can help under-resourced departments manage audits effectively.

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audit Technology Tax corporation tax 98

Cherry Bekaert

MAY 16, 2023

Many government agencies require that A&E firms have their overhead rates audited. In this episode of Cherry Bekaert’s Professional Service Podcast, Brynn McNeil , an Audit Partner in the Firm’s Professional Services Industry practice, welcomes Mandy Grivnovics , an Audit Senior Manager in our Professional Services practice.

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audit Transportation Government 94

CPA Practice

NOVEMBER 12, 2024

This webinar will be held on Thursday, December 12, 2024 at 12:00pm ET Sponsor: Avalara Duration: 1 Hour Register Now This webinar is designed for accountants using QuickBooks, Xero, or similar accounting software. Prior to Acuity, Kenji was CFO of an Inc 5000 tech company and worked in the audit practice at Arthur Andersen.

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Technology Sales Indiana Tax 125

ThomsonReuters

SEPTEMBER 2, 2021

Is this an audit, and what should we expect if it is? ANSWER: The request for documents probably does signal the beginning of a DOL civil investigation (often referred to as an “audit”). We strongly advise seeking the assistance of experienced legal counsel to assist with a DOL audit. Contributing Editors: EBIA Staff.

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ThomsonReuters

DECEMBER 8, 2023

Jump to: How AI is transforming audit AI-Assisted Decision Making in Thomson Reuters Cloud Audit Suite Ready to transform audit? How AI is transforming audit Traditionally, auditors have heavily relied on manual processes to uncover risk in financial statements and business operations.

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audit auditor financial statements Technology 98

Withum

FEBRUARY 17, 2023

This webinar, presented by Ryan Miller, and Sienna Richert of Withum’s Healthcare Services Group, will provide an accounting and auditing update applicable to healthcare organizations. Define upcoming AICPA and FASB updates.

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Healthcare audit accounting standards accountant 52

Withum

FEBRUARY 16, 2023

Over the past several months, we have seen a significant uptick in IRS audits of the Employee Retention Credit (ERC). This session will address the details of the ERC with a focus on strategies to successfully resolve your IRS audit without adjustment. We will also share our experiences on what we have seen during these audits.

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audit 52

TaxConnex

MAY 26, 2022

These forms are especially important in sales tax audits. Check out our webinar Multi-Channel Selling & Your Sales Tax Obligations.). When companies have a questionable nexus footprint we suggest they get exemption certificates while doing business in that state. And there’s an infinite number of forms.

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South Dakota South Carolina Sales Illinois 244

Withum

MAY 26, 2022

This on-demand webinar will outline the changes and updates that affect employee benefit plan audits, including management’s assessments that a Section 103(a)(3)(c) audit is appropriate for, how the new audit report will look like, and the required representations from management to the auditor. View Slide Deck.

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audit auditor 52

CPA Practice

NOVEMBER 11, 2024

This webinar will be held on Tuesday, December 3, 2024 at 1:00pm ET Sponsor: Avalara Duration: 1 Hour Register Now We’ll demonstrate how automation integrates with popular accounting platforms to save time, reduce risk, and enhance efficiency. Plus, earn free CPE credit! Gail is a member of the AICPA’s PFS Credential Committee.

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Tax Indiana Technology CPA 116

Withum

DECEMBER 8, 2022

The team will also discuss opportunities such as common exemptions to identify potential refunds, potential audit triggers, and other sales tax trends. View More On-Demand Webinars. Identify potential issues that may trigger a sales tax audit. View Slide Deck. Viewers Will Learn About. Meet Our Presenters. Partner Whippany, NJ.

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Sales Tax audit 59

Withum

SEPTEMBER 14, 2023

View On-Demand Webinar This on-demand webinar presented by Donna Nevolo , Partner and Employee Benefit Plan Market Leader, and Israel Tannenbaum , Partner and Form 5500 Filing Lead, will dive into recent regulatory changes to Form 5500 and the important updates that employers and plan sponsors should be aware of.

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New York audit 69

Withum

JULY 19, 2022

Listen in as Withum’s Not-for-Profit Services team for an update on recently issued accounting and auditing standards impacting not-for-profit organizations. In addition, we will discuss how not-for-profit organizations can avoid the most common accounting pitfalls prior to the commencement of an external audit. View Slide Deck.

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TaxConnex

OCTOBER 6, 2022

If your back taxes are not disclosed but are instead discovered through an audit, you could end up assessed various penalties plus interest plus all historical tax due.). You can hear our webinar “Mergers and Acquisitions Case Studies & Actual Negotiations” here.). Other mitigation options: XYZ letters.

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Sales Tax tax return Start-ups 246

CPA Practice

JULY 16, 2024

AuditBoard , a cloud-based platform transforming audit, risk, compliance, and ESG management, has launched new of out-of-the-box, self-assessment tools that enable internal auditors to easily assess and streamline conformance with the new Institute of Internal Auditors (IIA) Global Internal Audit Standards that go into effect January 9th, 2025.

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auditor audit Washington Manufacturing 105

ThomsonReuters

JUNE 6, 2022

When you can flag changes in accounting, auditing, and tax that clients didn’t know about, and help them manage commercial impacts with innovative solutions, then you’re well on your way to gaining their trust. But how do you stay current on accounting and auditing standards when there are new developments happening all the time?

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accounting standards accountant Account accounted 142

Withum

OCTOBER 16, 2024

This webinar will provide valuable insights into the CSRD requirements and how companies can effectively prepare to comply,” says Holman.  Our History Established in 1974 , Withum is a national top-ranking public accounting firm that provides advisory, tax, and audit services to businesses and individuals on a local-to-global scale.

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audit Washington New York public accounting 98

MyIRSRelief

DECEMBER 13, 2024

Mike partners with CPAs and lawyers to address clients facing tax audits, levies, liens, employment 941 payroll tax controversies, non-filers and unpaid back taxes. Collaborating with Mike offers: Enhanced Services for Clients: Tax audits, levies, and other compliance issues can be time-consuming and require specialized expertise.

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cpas Tax payroll tax audit 130

Going Concern

DECEMBER 19, 2023

This included training on accounting and auditing standards, audit strategy, planning, procedures and documentation, professional integrity and independence matters, and specific issues that arise in audits. auditing curriculum. Here’s what happened.

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auditor audit CPA Government 118

CPA Practice

OCTOBER 18, 2024

To further support companies, Withum will be hosting a webinar titled “ ESG Considerations: How USA Firms Can Comply with CSRD Using Outsourcing ” on Monday, November 14. To further support companies, Withum will be hosting a webinar titled “ ESG Considerations: How USA Firms Can Comply with CSRD Using Outsourcing ” on Monday, November 14.

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