When a company fails to remit payroll taxes, the IRS may impose personal liability on certain “responsible persons,” including certain shareholders, partners, officers, and employees. Under Internal Revenue Code Sec. 6672(a), the so-called “trust…
*This is a review of a previously published article. See link to the original article at the end of this review. A study in Harvard Business School Working Knowledge reports that overloaded employees may perform ineffectively in the long run even…
In September, I presented a webinar on this topic as part of the CPA Leadership Institute Webinar program. Here is a summary of that presentation. Partners are often happy with their compensation until they compare it to what other partners are…
*The following is a recap of some significant ideas from an article published in CPA Trendlines. You can read the entire article by clicking on the link below. Measure Results Marketing requires measurement of the results. If you can’t measure and…
*The following includes excerpts, reproduced with permission, from an article by Accountants Advisory Group . See link to the original article at the end of this review. Following are some predictions and trends that you may wish to consider in your…
When interpreting the tax code and regulations, the IRS often elevates form over substance. And nowhere is this more true — or dangerous — than in the substantiation requirements for charitable deductions. As one taxpayer recently learned the hard…
