Corporate and Individual Tax
With increasingly complex tax issues – such as the alternative minimum tax, state taxes that no longer piggyback federal tax laws, and the wide variety of education tax preferences – your tax return preparer’s training is critical. What are the trends? Tax shelters and inversions are less popular. And the groundswell of support for simplification of the code may result in some positive movement that direction in the next year or so. Large accounting firms are increasingly finding themselves under scrutiny for unethical and unprofessional practices begging the question: Is a new Enron-like scandal in the wings?
ARE YOU A VICTIM OF IDENTITY THEFT?
The IRS now offers copies of any fraudulent tax returns filed in your name…
“If a thief had enough information to file a false tax return, he could have opened new credit card accounts or taken out a loan in your name,” says Troy Lewis, chairman of the American Institute of CPAs