The tax profession industry is regularly given updates of the areas that the Internal Revenue Service will emphasize in the near future. The IRS doesn’t keep these areas secret. Especially in compliance, they want all of us to know what they are going to be looking at in audits and the areas they are going [...]
Mitt Romney and Paul Ryan officially became the Republican candidates for the offices of president and vice president last week. Now the fun can really begin as President Obama and Joe Biden will do their best to make those two guys look bad, and Romney and Ryan will equally reciprocate. We may look at Romney [...]
From a professional improvement viewpoint, it has been a busy summer at Action Tax Service. Continuing education is always the name of the game in the tax business, but this summer was special. Tax professionals Kathy Anderson, Rochel Barnes and Darlene Norden all took a class and passed a competency test created and administered by [...]
In a June 28, 2012 commentary, Jack McHugh of the Mackinac Center for Public Policy recently analyzed what the Patient Protection and Affordable Care Act (ACA) means to the average American. To quote Mr. McHugh: “For Americans, the world has changed. What do the law’s provisions mean for you? For starters, employer-provided insurance is an [...]
“We are masters of our own deception.” Bryan Boersma, Rockford Reformed Church’s Associate Pastor, started his sermon last Sunday by attributing this quote to one of his favorite authors, Frederick Buechner. Bryan actually said he thought this was a quote from Mr. Buechner, but couldn’t put his finger on it. I have read some of [...]
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