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Reasonable Compensation of Shareholders and Officers

A deduction is allowed for compensation, but the amount must be reasonable and the payment...
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Sample Capitalization Policy

Purpose: This accounting policy establishes the minimum cost (capitalization amount)that shall be used to determine the...
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Phone Scams Continue to be a Serious Threat

WASHINGTON — Aggressive and threatening phone calls by criminals impersonating IRS agents remain a WASHINGTON—Aggressive...
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How Long Do I Keep Tax Records?

A question we get asked a lot: How long do I keep my tax records? You...
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Items to Bring to Your Tax Appointment

A question we get asked a lot: What do I bring with me for my tax...
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