Archive for February, 2024

The IRS urges businesses to review ERC claims for 7 common red flags

IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns of 7 common signs that their claims may be incorrect.

Beneficial Ownership Information – New Reporting Requirements

New reporting requirements for Beneficial owners reflect the federal government’s commitment to combating money laundering and tax evasion.

California Charitable Organization Audit Requirements

Did you know that charitable organizations with gross revenues of $2 million or more must have audited financial statements prepared by an independent CPA?