The PCAOB Audit Focus highlights the importance of robust internal controls, regular reviews, and increased accountability to prevent fraud and errors in journal entries. Emphasizing the use of technology and continuous training, the article provides key reminders and good practices for auditors to ensure compliance with regulatory standards.
Read MoreThis summary discusses the key topics of Lumsden McCormick's February 12, 2025, webinar regarding the expiring provisions of the Tax Cuts and Jobs Act (TCJA).
Read MoreThis presentation by Lumsden McCormick, Navigating Expiring Tax Provisions & the Current Market Landscape, covers the Tax Cuts and Jobs Act (TCJA), expiring provisions, individual and business tax changes, and the current market landscape.
Read MoreA revocable trust, also known as a
Read MoreNonprofits should consider shifting their fundraising focus to younger generations, who are set to inherit significant wealth and are passionate about giving back. Engaging Generation X, Millennials, and Generation Z through tailored strategies can help secure consistent donations, leverage digital platforms, and foster long-term relationships.
Read MoreManufacturers can prevent sales tax overpayments by identifying all applicable exemptions, verifying vendor charges independently, actively pursuing refunds, and maintaining vigilance. These steps help reduce sales tax liabilities, control costs, and ensure compliance with state tax regulations.
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