Month: October 2023

Common Return Preparation Mistakes

Nonprofit Update (PPC) / By

As the filing deadline (for June 30 year-end organizations) and the extended deadline (for calendar year organizations) approach, it’s important to avoid common return preparation errors. Some of these errors are highlighted in this edition. Form 990 Common errors occurring when completing Form 990 include the following: Board review of 990 reminder While board review …

Common Return Preparation Mistakes Read More »

IRS Unveils Employee Retention Credit Withdrawal Process

Payroll Updates / By

By Debbie Tam, CPP The IRS unveiled the withdrawal process for taxpayers who wish to withdraw a previously filed Employee Retention Credit (ERC) claim. The process is part of an IRS effort to combat a “tsunami” of false ERC claims, a result of aggressive marketing tactics of ERC mills (IR 2023-193, 10/19/2023).  Moratorium on ERC …

IRS Unveils Employee Retention Credit Withdrawal Process Read More »

Chicago's street and Chicago theater

Illinois Announces Tax Relief Due to Middle East Conflict

State Tax Updates / By

by Krista A. Cohane, Esq. Illinois Governor JB Pritzker announced tax relief for individuals and businesses affected by the recent attacks that occurred in Israel, and the continuing Israeli-Palestinian conflict. The relief is limited to returns and payments due between October 7, 2023, and October 7, 2024. (Gov. Pritzker Announces Tax Relief for Individuals and …

Illinois Announces Tax Relief Due to Middle East Conflict Read More »

Five-Minute Tax Briefing – October 31, 2023

PPC's Five-Minute Tax Briefing / By

Item for Wednesday, October 18, 2023 Further Tax Relief for California Storm Victims: The IRS has announced further tax relief for individuals and businesses in 55 California counties impacted by severe winter storms, flooding, landslides, and mudslides over a period of several months. The IRS had previously postponed tax deadlines for qualifying taxpayers until 10/16/23. Affected …

Five-Minute Tax Briefing – October 31, 2023 Read More »

looking at reports with a magnifying glass

PCAOB Notes Rising Deficiency Rates in Audits, Including Broker-Dealers

Accounting and Auditing Update (PPC) / By

The PCAOB recently released inspection findings for 2022 which reflected a dramatic increase in audit deficiencies. The PCAOB has called the findings as “unacceptable” and indicated that firms have to make changes to improve audit quality. The report, Staff Update and Preview of 2022 Inspection Observations, provides detailed information on common deficiencies, observations related to quality …

PCAOB Notes Rising Deficiency Rates in Audits, Including Broker-Dealers Read More »

SDA helped us put together a successful bid for creating our massive entertainment village in downtown Ft. Lauderdale. They're amazing to work with! Very professional and supportive. We look forward to continuing to work with SDA as we grow.
Jeff John, Damn Good Hospitality Group
JEFF JOHNCEO, Damn Good Hospitality Group
SDA served as a consultant for us while we were doing project management for a construction job. They have excellent business acumen, are highly professional and truly value being a partner with us. We enjoy our relationship with SDA and look forward to continued future success.
MARK BLANCHARD
MARK BLANCHARDVP Strategic Development, AECOM
We’ve worked with SDA for several years on various projects within our legal and finance departments. They also helped us secure a grant for our new practice facility in downtown Fort Lauderdale. SDA really is the smarter way to do business!
Matthew Caldwell
Matthew CaldwellPresident & CEO, Florida Panthers Hockey Club
Tanya and the SDA team have done a great job for us - especially in helping us navigate and resolve some complex issues surrounding our audit work. They've been a consultant for us for a number of years and have also been consistently supportive of our community efforts. We truly value our relationship with SDA.
W. Ajibola Balogun - City Manager, City of West Park
W. Ajibola BalogunCity Manager, City of West Park
SDA has always done excellent work. Our financial auditing and bond control reviews are completed thoroughly and timely, and their team has been very accessible to help us address and analyze key issues whenever they may arise. In short, they’re a solid business partner we’re grateful to have.
Jennifer Andreu
Jennifer AndreuFormer Assist. Super., Miami-Dade County Public Schools
We are so pleased with the experience that we’ve enjoyed over the past 20 years with SDA. All of you were so timely and resourceful, serving as a trusted business partner, assisting with our fiscal controls, handling our financial auditing, smart bonds work and more. We couldn’t be happier with your services.
Torey Alston
Torey AlstonBoard Member, Broward County School Board
As the mayor of one of South Florida’s leading cities, I know it takes an incredible team around you in order to achieve a citywide vision for your constituents. SDA is one of those highly reliable teams I’m proud to say supports us well in our efforts of continuous improvement, accountability and transparency for the people of the city of Miramar.
Mayor Wayne Messam
Mayor Wayne MessamCity of Miramar, Florida
Previous
Next

I’m ready to grow my business the smart way.

CONTACT US

Let's Get Smart:

Sign up for SDA news to see how other organizations are working with us and get great ideas on how you can grow your business the smart way right now.

Resources

Learning Center
Client Portal
Ask An Expert

Soultions

Accounting
Tax
Audit
Consulting

About Us

The Team
Careers
Contact Us

Recent Articles:

Search

© 2023 S. Davis & Associates, P.A. | All Rights Reserved.

Legal Center. Privacy Policy.