No matter how meticulous finance teams are, mistakes happen. In fact, it's estimated that accounting errors and manual financial reporting cost U.S. businesses around $7.8 billion a year.
Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if double-checked by taxpayer.
Lawyers are being paid to represent SC’s Comptroller General, Auditor and Treasurer’s offices amid an SEC investigation.