November 9, 2017
The IRS is sending due diligence letters to preparers who may be noncompliant in meeting due diligence requirements and who completed questionable refundable credit claims.
These letters are sent to raise awareness of questionable returns and assist preparers in meeting due diligence requirements. The IRS will continue to monitor the refundable credit returns prepared in the upcoming filing season to see if the quality of the preparers’ returns improves.
Your choice of a tax preparer matters!
Culture trumps everything at work. If you focus on culture first, most of everything will fall in line...employee engagement, customer satisfaction, business growth, etc.
Workplace Culture: What It Is, Why It Matters, and How to Define It
Culture is the character and personality of your organization. It's what makes your business unique and is...
U.S. corporations are contributing the smallest share of federal tax revenue in a generation.
That’s one of the findings in the Data Book for 2018, released by the Internal Revenue Service on Monday. In the fiscal year covered, the IRS processed more than 250 million tax returns and collected nearly $3.5 trillion in...
Small business owners should keep good records. This applies to all businesses, whether they have a couple dozen employees or just a few. Whether they install software or make soft-serve. Whether they cut hair or cut lawns. Keeping good records is an important part of running a successful business.
Here are some questions and answers to help business owners understand the ins and outs...