5 Tips for CPAs to Minimize Audit Risk for Their ClientsMay 5, 2021If you are a CPA, here are 5 things to help your client reduce the risk of an EDD, IRS, or SBA audit: 1: Confirm that your client’s 1099-K (provided by a merchant processor) does not report gross proceeds from credit card sales that are higher than the amount you are reporting as “gross receipts” READ MORE...- How Taking Advantage of the Tax Deadline Extension May Benefit YouMay 2, 2021As a result of the ongoing global pandemic, IRS has elected to extend the 2020 tax submission deadline to May 17, 2021. Following last year’s deadline extension to July 15, it was predicted early on that this would likely be the case. As the original deadline has recently passed and the extended READ MORE...
