Founded by a former IRS Agent

Founded by a former IRS Agent

Goodwill Accounting for Private Companies

Goodwill Accounting for Private Companies Last winter, private companies received a beneficial accounting update as a recommendation from the Private Company Council (PCC). On December 23, 2014, with thanks to the PCC, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014 -18. The new update gives private companies an alternative for recognizing […]

Avoiding IRS Tax Audits

Avoiding IRS Tax Audits Many people, including those who are high-income earners, are increasingly experiencing in-person IRS audits and receiving more IRS correspondence. There isn’t one method for filing a tax returns that is assured to prevent an IRS audit. Certain things can be done to avoid incurring the cost, stress and time that result […]

Top 10 Most Common Tax Errors

Top 10 Most Common Tax Errors   When dealing with a year’s worth of information, it’s easy to make mistakes. Luckily, modern software has taken a lot of the guess work out of filing your taxes, but there are still potential pitfalls to avoid. Each year, new incentives, acts and changes can cause errors on […]