Archive for - May, 2017

Weisinger named to NACVA Valuation Credentialing Board

May. 30, 2017

Weisinger named to NACVA Valuation Credentialing Board Cleveland — Walthall CPAs is proud to announce that Partner Paul M. Weisinger, CPA/ABV, CVA, was named to the  Valuation Credentialing Board of […]

Plan administrators: What not to overlook with enrollment forms

May. 23, 2017

Have you considered everything that there is about employee benefit plan enrollment forms?  Well, consider this. All of us are aware that being prudent when it comes to administering employee […]

What are my odds of being audited?

May. 19, 2017

The IRS reports that the audit coverage rates are at low levels. In fact, the rate for individuals fell 16 percent from FY 2015 to FY 2016. The 0.7 percent […]

Tax season ends with no red flags for IRS

May. 19, 2017

2017 tax season overview The IRS processed more than 128 million returns and issued approximately 97 million refunds without hitting any major roadblocks this past tax season. As in the […]

DOJ highlights actions to curb employment tax evasion

May. 12, 2017

In an effort to combat employment tax evasion, the U.S. Department of Justice Tax Division recently highlighted the actions they will take. Employers are required to collect, account for, and […]

Private Club Operations Benchmarking Survey Results

May. 09, 2017

Our 2016 Private Club Operations Benchmarking Survey is now available to the public. We hope that you find value in the information. Thank you to the many area club controllers […]

IRS starts private tax collection … again

May. 08, 2017

Slowly but surely, private collection agencies are starting to work on taxpayer accounts.By the summer, it is anticipated private collection agencies will receive thousands of taxpayer accounts. The IRS previously (and […]

Treasury to review/re-evaluate tax regulations

May. 08, 2017

President Donald Trump signed an order on April 21 for the Treasury to review/re-evaluate tax regulations issued by the IRS since Jan. 1, 2016, and they make recommendations. As a rule, […]

When must individuals pay estimated taxes?

May. 02, 2017

Are you self-employed or have income derived from sources other than employment? Have you wondered, “when must individuals pay estimated taxes?” Several federal income taxes are paid from money that […]

IRS Small Business Week resources

May. 01, 2017

National Small Business Week is April 30 to May 6 this year. As such, the IRS highlighted products to help small business owners and self-employed individuals understand and meet their […]