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NerdyGirls
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Check out this video on YouTube:

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Check out this video on YouTube:

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Notice from the IRS?

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New Downtown Location. Don't Leave Everything until the last minute. Discounts on clients engaging for prior year clean up. http://www.TaxGirls.com
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2013-12-30
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2013-12-26
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Speaking at the American Institute of CPAs last week, IRS Small Business/Self-Employed division head Faris Fink said the agency will be shifting its auditing focus from corporations to small-business partnerships, which have grown significantly in number over the last six years. From 2007 to 2011, the increase was more than 15%, according to the IRS.

"Our largest increases were in audits of flow-through entities in fiscal year 2012," says an IRS spokesperson, adding the jump was reflective of the increased number of these types of businesses. Flow-through or pass-through entities, as they are called, refer to both S corporations and sole proprietorships. Income for these types of businesses gets filed on individual tax returns.

Certified Public Accountant Michael Eisenberg says there are a number of reasons why pass-through entities may be growing in popularity as compared to corporation status.
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