In the past 15 years, the terms ‘forensic accounting’ and ‘forensic accountant’ have become important parts of the financial crime lexicon and more widely heard each day. What is this specialization? What does ‘forensic accounting’ entail? Is there a body that regulates persons who practice it? Who uses ‘forensic accountants’? Forensic accountants are one of the fastest growing populations in financial crime and other fields....
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IRS is Open for Business
IRS is Open for Business On March 5, 2013 (sixty four days after the end of the year) the Internal Revenue Service announced that it has completed the updating of its tax processing system as well as extensive modifications to certain tax forms. The IRS is able to process all individual and business returns effective immediately. The updating of the IRS systems and forms was needed in response to the American Taxpayer Relief Act (ATRA)...
2012 Year End Tax Planning Guide
Dear Clients and Friends, We have seen a tremendous amount of tax law changes pending from our friends on the Hill. As the New Year is fast approaching, it’s important that you contact us so we can consider potential tax planning strategies for 2012. It is alarming and frustrating but we still do not know if our friends on the Hill will allow several provisions to expire or permit several new provisions to go into effect – making tax...