Audit Representation

March 25, 2014

How might an FBAR audit be resolved?

Closing procedures typically vary depending on the results of the examination. In all cases, the examiner will support the determination in a summary memorandum with references […]
March 25, 2014

How to Know if it’s Time To Request an Appeals Conference

You are ready to request an Appeals conference or hearing if you can explain why you disagree. Valid grounds for disagreement with an IRS finding can […]
March 21, 2014

No mention of award in settlement agreement

Often the courts and the IRS will look to the intent of the payor to determine the tax treatment of the nature of the award in […]
March 21, 2014

CPA protection tips to uncover criminal tax matters

A CPA should take necessary steps to protect any materials or documents related to services rendered related to a criminal matter. Such documents will help the […]
March 21, 2014
business people agreement contract law firm

Ethical requirements of AICPA on Standard for Tax Service

The AICPA Statement on Standard for Tax Service no. 6, Knowledge of Error: Return Preparation and Administrative Proceedings states that when the CPA has a reason […]
March 21, 2014
Hawaiian Business Owner and His CPA Convicted in Tax Scheme

When is there a need of representation for a CPA?

Under normal circumstances a CPA does not require representation when advising a client or a client’s attorney about a potential criminal matter. However, in certain circumstances […]