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Our Services
Audit Services
Business Consulting
Business Valuations
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Business Consulting
Business Valuations
Consulting Services
Estate Planning and Taxation
Financial Statements
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Pension & Profit Sharing Plans
Financial Statements
Other Services
Pension & Profit Sharing Plans
Retirement Planning
Sales Tax Services
Tax Planning & Preparation
Tax Preparation
Sales Tax Services
Tax Planning & Preparation
Tax Preparation
Latest News & Events
June 14, 2022
The IRS announced that is completing the processing on a key group of individual tax returns filed during 2021. Business paper returns filed in 2021 will follow shortly after. The Service began 2022 with a larger than usual inventory of paper tax returns and correspondence filed during 2021 due to the pandemic. The IRS will continue to work on the few remaining 2021 individual tax returns that have processing issues or require additional information from the taxpayer. As of June 10, the IRS had processed over 4.5 million individual paper tax returns received in 2021.
May 31, 2022
The IRS began its "Dirty Dozen" list for 2022, which includes potentially abusive arrangements that taxpayers should avoid. The tax scams in this series focus on four transactions that are wrongfully promoted and will likely attract additional agency compliance efforts in the future. Those four abusive transactions involve charitable remainder annuity trusts, Maltese individual retirement arrangements, foreign captive insurance and monetized installment sales. These are the first four entries in this year's Dirty Dozen series.
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