
All Physicians must take the Hippocratic Oath. This is an oath where they swear to practice ethically. Although there is some debate about the translation, the main theme is, ‘First, Do No Harm.’
All taxpayers need to take the Hippocratic Oath so they do no harm with their tax plan.
On TLC's What Not to Wear Stacy and Clinton give a 'make over' to some lady that is, well…not dressed so well… Taxpayers that are being audited need to make sure they are putting their best foot forward right at the start of an IRS audit.
The first thing a taxpayer needs to understand is The … Continue reading »
Today’s routine is similar to many other days until you started opening your mail. In today’s mail is a notice that you are being audited by the IRS. Now what do you do? Give your CPA a Power of Attorney.
Recently, we were able to get a $49,000 IRS civil penalty waived for one of our Connecticut business clients. If we failed to get this penalty waived, this business would have closed its doors.
If you are audited by the IRS, the audit will either be a field, office or correspondence audit. You should not represent yourself in an audit; you should hire a CPA, Tax Attorney or Tax Preparer to represent you. Remember…the IRS has the right to audit a return within three years from the due date or filing date.