CPA Never under estimate the value
A new guide posted by the Financial Crimes Enforcement Network describes BOI rules, answers questions, and provides tools to assist with compliance with the BOI reporting rules.
Source: JOA News
Read More here – FinCEN posts guide to help small businesses with BOI reporting
Attorneys and a former IRS commissioner say the employment retention credit started as a benefit for small business in the pandemic but has morphed into one that allows ERC mills to take advantage of taxpayers.
Source: Tax News
Read More here – ‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say
‘Tsunami’ of claims filed for employee retention credit almost 2 years after it ended caught the attention of the IRS. Experts say that required the IRS to take action to halt fraud.
Source: JOA News
Read More here – ‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say
Kess, who died at age 97, was “a friend to everybody” – and a strong proponent of sharing knowledge with others.
Source: Tax News
Read More here – Remembering the mentorship and impact of Sidney Kess
Kess, who died at age 97, was “a friend to everybody” – and a strong proponent of sharing knowledge with others.
Source: JOA News
Read More here – Remembering the mentorship and impact of Sidney Kess
A new California law is the latest “market driver” pushing ESG reporting forward. With regulations rapidly developing on a global scale, the time has arrived for CPA firms to grab the wheel.
Source: JOA News
Read More here – ESG Symposium synopsis: How to put firms in the driver’s seat
The AICPA Professional Ethics Executive Committee has approved changes to the Code of Professional Conduct related to attest client fees and ethical responsibilities for testing for professional qualifications and competencies.
Source: JOA News
Read More here – PEEC addresses attest client fees and ethics in professional education
The IRS issues a moratorium on new ERC claims processing through at least the end of the year and allows taxpayers to withdraw claims that have been filed but not processed.
Source: Tax News
Read More here – Moratorium imposed on new ERC claim processing to curb abuse
The IRS issues a moratorium on new ERC claims processing through at least the end of the year and allows taxpayers to withdraw claims that have been filed but not processed.
Source: JOA News
Read More here – Moratorium imposed on new ERC claim processing to curb abuse
The opportunities, incentives, and rationalizations to commit fraud abound. Recall what the practitioner’s responsibilities are in an assurance engagement and be sure you are playing your part to ensure the work you do continues to help protect businesses and stakeholders.
Source: JOA News
Read More here – A refresher on fraud and the responsibility for its detection
