Monthly Archives: August 2021

Tax Agencies Need to Modify Deadlines to Account for Post Office Delays

Posted on August 27, 2021 by Russ

In today’s mail I received some notices from a tax agency.  That’s not unusual: We have many Tax Information Authorizations and Powers of Attorney on file.  And it wasn’t out of the ordinary that all three notices were for the … Continue reading →

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There’s No Basis for that Argument

Posted on August 25, 2021 by Russ

Yesterday, TIGTA release a report, “Efforts to Address the Compliance Risk of Underreporting of S Corporation Officers’ Compensation Are Increasing, but More Action Can Be Taken.”  From the report: TIGTA’s analysis of all S corporation returns received between Processing Years … Continue reading →

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Martin Veneroso, E.A.

Posted on August 24, 2021 by Russ

Clayton Financial and Tax isn’t the largest tax firm, but one thing I’ve insisted on is that all preparers be credentialed (either Enrolled Agents or CPAs).  The reason is that it shows a dedication to the profession, and a willingness … Continue reading →

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Certified Mail, Return Receipt Requested, Is More Important than Ever

Posted on August 11, 2021 by Russ

It’s exactly 399 miles from my office to the Post Office in Fresno, California (93779). On my way out of town on my vacation, I stopped at the Post Office to mail a response to an IRS notice.  This was … Continue reading →

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