"Covering Closely Held Small Business Company Governance: Meetings, Minutes and Resolutions, More"
The Internal Revenue Service just released its publication called “Strategic Plan FY 2018 – 2022. You can read their complete publication here. This five-year plan generally outlines their goals for improving services for taxpayers and administration of U.s tax law over the next five years. According to their website, the IRS Strategic Plan for each of […]
This article presented a wonderful analogy of the new partnership tax audit rules. It is so well stated that I thought I had to pass along the entire piece for your review. It is from the mind of Elizabeth Whitman, and it certainly illustrates the current environment for partnerships and the recent developments and changes to […]
The IRS recently updated (revised December 2017) its form SS-4 “Application for Employer Identification Number” (EIN). You’ll want to be aware of this change if you are the person completing the EIN application for a new or existing corporation, limited liability company, trust, or other entity that is required to get a federal EIN. Lines […]
Every year the IRS compiles their so-called “Dirty Dozen,” a list of “the worst of the worst tax scams” that taxpayers may encounter. According to the IRS, taxpayers may encounter one or more of these scams “anytime but many of these schemes peak during filing season as people prepare their returns or hire someone to […]
