Archive for the ‘Assurance’ Category

IRS releases plan to triple its audit rates on large corporations

Audit rates on large corporations to increase threefold, per newly released IRS roadmap for spending Inflation Reduction Act funds.

Credits and incentives available to retirement plan sponsors

Employers with less than 100 employees who have recently adopted or are considering a retirement plan have a tax savings opportunity.

Are you ready for USDA’s new organic certification requirements?

To improve traceability and detect and protect organic integrity across the supply chain, the United States Department of Agriculture created the National Organic Program (NOP) Strengthening Organic Enforcement (SOE) rule, which will become effective on March 19, 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.

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?

What Is An Employee Benefit Plan Audit and What to Expect?

What Is An Employee Benefit Plan Audit and What to Expect? Are you wondering if your company has to prepare for an employee benefit plan audit? If a company provides an employee benefit plan (EBP) to more than 100 eligible employees, the plan would be subject to an EBP audit required by the Department of… [Read More]