August 31, 2012
IRS announces a multi-year effort to increase audits in flow-through entities
As tax season approaches, practitioners can expect the IRS to quickly expand its audit focus to flow-through entities, according to an IRS official.
Jim Buttonow, CPA, CITP—Jim is Vice President of Product Development and Cofounder of the tax technology company New River Innovation. Jim's professional mission is to apply emerging technology to problems faced by tax professionals after they file. Jim is a CPA and former IRS Large Case Team Audit Coordinator. He worked at the IRS for 19 years. Since leaving the IRS, Jim has represented many clients before the IRS. At New River Innovation, Jim is the chief architect of Beyond415 (Beyond415.com), an award-winning technology for tax practitioners to efficiently handle IRS issues, notices and audits. Through Beyond415, Jim also develops and presents CPE series on IRS practice and procedure for issues that arise after filing, such as audits, notices and discrepancies. Jim regularly speaks on compliance trends and post-filing practice efficiency strategies for CPA and accounting firms. Jim’s articles and blog posts have appeared in TheWall Street Journal, CPA Practice Advisor, Journal of Accountancy, Accounting Today, and various state CPA society magazines.
August 31, 2012
As tax season approaches, practitioners can expect the IRS to quickly expand its audit focus to flow-through entities, according to an IRS official.
July 31, 2012
Practitioners are receiving letters now, penalties later.
July 10, 2012
IRS Inside Blog: Ruling leaves questions on the IRS' role in implementing the individual mandate "tax"
March 6, 2012
The IRS regularly conducts national, regional, and local compliance initiative projects (CIPs) to study perceived areas of noncompliance.