Archives for audit

Avoid Scammers: How the IRS Does and Does Not Contact Taxpayers

June 14, 2018 | by | Comments Off on Avoid Scammers: How the IRS Does and Does Not Contact Taxpayers

In order to help taxpayers avoid scams in which criminals impersonate IRS employees, IRS has issued a Fact Sheet in which it sets out the ways that it does and does not contact taxpayers.  The IRS has been publishing this sheet for years to help taxpayers protect themselves from scammers and the warning signs. Below are the legitimate ways the IRS employees will contact taxpayers: IRS initiates most contacts with taxpayers through regular mail delivered by the U.S. Postal Service. However, there are special circumstances in which IRS will call or come to a home or business. Even then, taxpayers will
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Categories: Newsletter and Updates.
Tags: accountants, accounting, audit, cpa, IRS, scammers, tax, tax help, taxation, taxpayers, wfy, and wright ford young.

Earn Money from California’s Training Subsidy Program

March 8, 2018 | by | Comments Off on Earn Money from California’s Training Subsidy Program

It’s Free Money, and We Can Help You Get Your Share Do you provide formal training for your employees? Exciting news: The government wants to chip in. Yes, really. In fact, for the past 35 years the State of California has provided over $1.5 billion in training subsidies to California businesses. Smaller companies can receive up to $50,000 per year and larger companies can receive up to $375,000 per year. Never heard of this program? You’re not alone. The funding comes from a tax that every for-profit company in the state pays, the Employment Training Tax. This tax generates over
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Categories: Newsletter and Updates.
Tags: accountant, accounting, audit, auditor, business, california, california subsidy program, computer, credit, free, manufacturing, money, program, skills, tax, taxation, wfy, wright ford young, and wright ford young & co.

Is This Your Situation: Wondering If An Audit Can Benefit You

November 30, 2017 | by | Comments Off on Is This Your Situation: Wondering If An Audit Can Benefit You

Your privately owned business may not need a financial statement audit according to law, but that doesn’t mean you should skip it. Read through to learn why an audit can be a smart move. With the vicissitudes of change combined with technological advances, we’re living in an age of transparency where businesses are required to disclose more information about their taxes, financial records, operations and executive salaries.  While private companies are spared the intense scrutiny of professional auditors and not required to provide an external review of their financial statements, there are advantages to having an external audit many business heads
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Categories: Newsletter and Updates.
Tags: audit, auditors, business, cpa, external audit, finance, firm, tax, taxation, wfy, and wright ford young.