Accounting

The rising cost of food and the price of liquor is continuing to climb. Beer prices are up in general, and craft beers are skyrocketing! Coffee has gone up more than 20 percent since the beginning of the year.

These red flags come from common issues that IRS compliance teams have seen while analyzing and processing ERC claims.

Jennifer Vandever was sentenced to more than three years in prison after pleading guilty to wire fraud and tax evasion.

The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.

The 2024 Mid-Year Sales Tax Rates and Rules report, commissioned by Vertex Inc., outlines the evolving landscape of local tax implementation, proliferation of fees, and increasing complexity of tax compliance for businesses across the U.S.

Only a third (37%) say their organizations have complete enterprise risk management (ERM) processes in place, and just over a quarter (30%) rate their organizations overall risk management oversight as “mature” or “robust.”

Organizations eligible to become Alliance Members are those focused on helping companies grow and succeed in an evolving business landscape.

Within accounting and financial reporting, innovation is often associated with new technology. Cosourcing’s collaborative teaming approach and delivery model can cast innovation for accounting and financial reporting in a new light.