Will the Existing Income Tax Code Ever Be Replaced with a Flat Tax?
Every so often, an article or speech will make the rounds about how it would benefit all Americans to replace the current income tax structure with a flat tax. Our CPA firm is exploring what the flat tax is, its advantages and disadvantages over the existing code, and whether we believe a flat tax will […]
Sign Your E-File Authorization Form
When completing a manual or paper tax return, you know how important it is to sign and date the document before mailing it in in order to make it legally binding. What about electronic filing – is signing still important? Our CPAs are breaking down why you need to sign your e-file authorization form and […]
Advice on Signing a Representation Letter with a CPA Firm
My CPA firm wants me to sign a representation letter. What do they think I am? A lying skunk? I remember being an entry level staff accountant and one of our audit clients asking me if we were going to require him to sign a liar’s letter. After all, didn’t we think that he was […]