Best Practices for CP2000s

In 2011, the IRS sent 4.7 million CP2000 notices to address perceived underreported income.  Even though these are among the most common IRS notices, many individuals – and even many tax professionals – don’t respond to them in an ideal manner.  Read, “It’s CP2000 Season” to learn about best practices for addressing a CP2000 notice.

QuickBooks Files and Small Business Audits

This article addresses the concerns of tax professionals and their clients when the IRS requests QuickBooks backup files as part of an audit.  Read “IRS – Getting More Serious About Using QuickBooks Files in Small Business Audits.”