Month: June 2020
The Employee Retention Tax Credit Is the Biggest Covid Scam
The person who can sign an ERC claim or a withdrawal request depends on the type of employer you are. Please note that if you willfully filed a fraudulent ERC claim, or if you assisted or conspired in such conduct, withdrawing a fraudulent claim will not exempt you from potential criminal investigation https://adprun.net/for-employers-in-puerto-rico-impacted-by-last-year/ and prosecution.…
Read More7 5 Inventory Errors Intermediate Financial Accounting 1
When cost of goods sold is understated, gross profit is overstated, and net income is overstated . Remember, we have an external expectation of materiality as we saw in the introduction to this section, looking at Ernst & Young, LLP accounting firm’s opinion on the Alphabet, Inc. financial statements. Demand-inelastic items therefore consume an ever…
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