Dear Clients and Friends,
"The only difference between death and taxes is that death doesn't get worse every time Congress meets." Will Rogers(1879-1935) American humorist and actor.
Here we are in summer 2022 and we have another new tax law being passed – this time with a substantial increase to the IRS budget. I think that is good and bad news!
Good news in hopefully they will start answering the phone and providing some customer service again, and maybe even get through the backlog of many millions of returns not processed, correspondence not answered, and refunds not issued that they are still catching up with after the chaos of the last few years.
Bad news if they decide to expand audits – although this could be a hassle or time-consuming exercise, it should not a concern for those who have their records in order and in compliance with the many rules and regulations buried within the tax code.
Taxes can be complex and challenging to deal with - with with over 33 years of experience we are confident that will be able to help you with your needs and work together to determine the best outcome for your own unique circumstances.
For our existing clients we encourage you to utilize our client portal link as much as possible which allows us to share and transfer files with you securely.
We hope all are enjoying a wonderful summer!
George Sinnamon, CPA