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Depending on the size of the company, you’d probably need a team; but there aren’t too many companies with a tax attorney on the staff so the accounting team wo
by JacobAldridge 3y ago
Depending on the size of the company, you’d probably need a team; but there aren’t too many companies with a tax attorney on the staff so the accounting team would be doing the heavy lifting.
- nobodyandproud 3y agoLarge and multinational companies (your extreme example) don’t suffer from this problem; nor do medium sized ones. Many of the smaller businesses rely on dodge—by-cash or function just fine. In fact, the audit problems caused by tiny, front/fake LLCs and paper companies lead to a real, criminal-level audit trail problem.