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Audit Materiality & Significance of Financial Statements

‘Materiality’ – If you are an audit or accounting professional, this term should sound very much familiar to you. Right from the planning stage up to the issue of Audit report and even while considering the impact of subsequent events, materiality plays a pivotal role at almost every stage in Audit. Considering its importance, lets …

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The IRS Is Offering Relief to Taxpayers Affected By Hurricane Ian

Recently, a storm hit the area of Florida which caused the loss of lives. IRS (Internal Revenue Service) has recently issued a news release to assist people from disaster-affected areas. The IRS is offering assistance to the area designated by FEMA (Federal Emergency Management Agency). FEMA supports citizens and emergency personnel to build, sustain, and …

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E-commerce Sales Tax: Everything You Need to Stay Tax Planning & Compliant

In recent times, most of the businesses are on the e-commerce platform and sell all over the world. It is really beneficial for businesses and consumers to have today era as an online store which helps consumers to get good quality products at a competitive rate and also helps businesses to increase sales and make …

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