New IRS Employer Tax Examinations
The Internal Revenue Service (IRS) has recently begun a 3-year National Research Program to randomly select and intensely audit approximately 6,000 companies to focus on employment tax issues to include review of independent contractor status, executive compensation, fringe benefits and other employment tax issues. This is a first attempt (in approximately 25 years) where the IRS National Research Program has targeted employment tax. The goal of the IRS is to identify areas of noncompliance across industry sizes and sectors including nonprofits and governmental entities, with an ultimate goal of revenue collection. (more…)
Read Full Post | Make a Comment ( 10 so far )IRS Audits and Kiplinger’s Retirement Report
The following post is in response to an inquiry (denoted in bold lettering below) from Kiplinger’s Retirement Report on IRS examinations (italicized below). Our special thanks to Kathryn Watson of Kiplingers for her attention. (more…)
Read Full Post | Make a Comment ( None so far )Choosing A Tax Problem Resolution Specialist
Dealing effectively with the Internal Revenue Service (IRS) or other state or local regulatory authorities requires specialized knowledge and experience. (more…)
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Miami Accountant Online 