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All I Want for the Holidays Is…. A Tax Provision Specialist

Withum

Finance teams planning for their year-end financial statement audit have an even longer list of things to think about at the end of the year, including income statements, balance sheets, and, finally, the income tax provisions and disclosures that must be presented in the financial statements.

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Accuracy, Accuracy, Accuracy: 3 Best Practices for Supporting Your Client in a Tax Audit

CTP

However, if your warranty only covers the first 60 or 90 days after the tax plan is submitted to your client, an audit is not going to occur within that timeframe. That depends—on what type of audit protection you may choose to offer along with your tax plans. The IRS is not out to get you as a tax planner.

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In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

million accountants and auditors in the U.S. You have two initial ways to address your need for sales tax expertise: Your outside tax accountant or bringing tax expertise in-house. With the former, you risk that a professional versed in the tax code of the U.S. Are they experienced with auditors?

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Preparing Your Client for a Tax Audit: Walking the Taxpayer Through IRS Audits 101

CTP

Our clients should know the reasons they might be selected for an audit, how they will find out they are being audited, and what an IRS auditor might ask for. We will especially want to have this conversation if our clients tax return features one of the IRS red flags of the season. Auditors will often request books and records.

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Help, I’m Being Audited! 3 Reasons You’ll Want a Tax Planner in Your Corner When Facing an Audit

CTP

Many tax planners offer audit support as an add-on service. Working with someone who is already exceedingly familiar with your tax return—and in fact crafted the logic behind it—can save you an immense amount of time and money. The auditor still attempted to issue a deficiency assessment, but the tax planner pushed back.

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Top Remote Accountants of the Week | October 31, 2024

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.

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Top Remote Accountants of the Week | November 27, 2024

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.