Understanding IRS Tax Audit Penalties: Consequences and Solutions
Enacted into law in August 2022, the Inflation Reduction Act contains multiple provisions that purport to help working-class Americans. For instance, this law, signed by President Joe Biden, includes many items: deliver lower costs for prescription drugs, make health insurance more affordable, invest in energy production domestically, and help grow the clean energy sector. As […]
The Financial Audit and Importance for Businesses
Financial audits are not just about ticking off compliance boxes; they play an important role in ensuring financial transparency with key stakeholders. What this means is that by having quality auditing processes that result in solid audit outcomes, a business can build trust and increase the operational efficiency of the organization. This article will break […]
