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Tax Fraud Blotter: Sick excuses

Accounting Today

After an IRS audit in 2016 assessed a federal tax debt totaling some $1 million, Archer concealed and transferred assets through two LLCs he controlled and began using third-party bank accounts to evade paying the tax debt. Bui anticipated that the transactions would be audited. million payroll tax scheme.

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Understanding ASC 606 Revenue Recognition?

Billing Platform

When: In May 2014, the FASB and IASB jointly issued Accounting Standards Update (ASU) 2014-09, which introduced ASC 606. Getting it right requires intelligent revenue recognition software that delivers automation, accuracy, and auditability. Obtaining the right revenue recognition solution shouldn’t be left to chance.

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Accounting Technologies: The 2023 Annual Guide

Future Firm

The software then scanned related tax law and court cases to provide a degree of confidence on what the outcome would be if that very issue went to court: Tip 2: Seek an AI Accounting Technology for Audit Traditionally, the audit process would sample large sets of figures and perform certain tests to provide a level of assurance over that data.

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Infographic: Get Out of the Denial Danger Zone

SSI Healthcare Rev Cycle Solutions

A Path Forward: SSI Solutions (Claims Reporting and Analytics, Denial Management, Audit Management). SSI AUDIT MANAGEMENT: Gain insight into the root cause of denials and maximize appeal recoveries. You will be able to move audit requests electronically to any department, scan, and attach any supporting documents. epic his (1).

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The neXt Era: The Past is Prologue

AvidXchange

Located in Somerset, NJ, EnergySolve provides electronic utility bill capture, auditing, late fee avoidance, and bill payment services to generate significant energy-related cost savings to their customers. In 2011, AvidXchange formed a new Energy Information Services (EIS) group, delivered by EnergySolve.

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AvidXchange Helps Hotel Operator Save 37 Hours Each Week, Cut Processing Time by 80 Percent

AvidXchange

“Within a four-month period back in late 2014, we doubled in size,” says Brian Murphy, Director of J.D. Many of the checks that we were processing in-house were utility and telecommunications bills,” he says, “where it’s critical that all payments are made on time. Edwards Business Services at Island Hospitality.

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Electronic Payment Systems: The Complete Guide

AvidXchange

Odds are you pay your rent or mortgage, utilities, and other bills using a card or online payment system. These can be performed as a direct debit, an e-check, an electronic bill, electronic cash or e-cash, or a stored value card like a gift card. As of 2014, many B2B buyers do online research when making purchasing decisions.

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