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What Smaller Firms Can Learn from Big Firm Blunders

Mark Lee

Background In 2015 I took on a voluntary role that included responsibility for the finances of a members’ club that had long been audited by a top 20 firm. I called the audit partner to introduce myself and to mention that we would no longer require an audit. All the bookkeeping is maintained on Xero.

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When You Need to Hire a Pro: Online Accounting Service for Small Business

xendoo

Online bookkeeping services with a dedicated accounting team can quickly become an integral resource for your small business — providing so much more than just your monthly reports — you’ll receive a trusted partner that helps you focus on your goals. When you have been audited.

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What triggers a sales tax audit and how do you reduce the risks?

ThomsonReuters

Past audits – You have been audited in the past and had sales and use tax audit liabilities. In addition, businesses that request sales and use tax refunds are often selected for audits. If you are audited, indirect tax software enables you to respond to audits faster and more accurately.

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