Blog

S Corporation Owners, is Your Salary too Low?

Posted by Michael Beauchemin on Thu, Mar 01, 2012 @ 11:34 AM Are you an owner of an S Corporation?  If so, you may want to do a salary checkup and make sure your salary is reasonable and customary.  Ealier this year the Eighth Circuit Court upheld a lower court’s decision regarding the salary of the owner of an…

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IRS Looses at Court: Files Motion To Force Preparer Compliance

Posted by Michael Beauchemin on Wed, Jan 23, 2013 @ 01:05 PM IRS Files Motion to Force Tax Preparer Compliance Before Appeal Can be Heard. Update 1 on 1/25/2013 The IRS has filed a motion with the courts in an attempt to force tax preparers into compliance this tax season and before an appeal can…

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CPAs and How Business Decision Makers View Their Role in Business

Posted by Michael Beauchemin on Wed, Feb 06, 2013 @ 08:24 AM CPAs are valuable asset to both business decision makers and as a tax adviser for individuals. With an increasingly complex and confusing tax code isn’t more important than ever to turn to a professional whose careers is centered around keeping up to date…

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Did You Start Your Business to be an Accountant?

Thomson Reuters, our software provider, did this video a while ago for one of their software products.  After watching the video and thinking of the business owners that I’ve met with over the past years it made me wonder…Business owners don’t really want to start a business so they can be an accountant or do bookkeeping –…

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