Professional Services Accounting, Tax & CFO Support

Changing banks can create meaningful benefits for a small or medium-sized organization. A new banking relationship may offer better technology, improved customer service, lower fees, stronger fraud controls, greater borrowing capacity, or products that better support the organization’s growth. However, switching banks is rarely as simple as opening a new account and transferring the cash. Bank accounts are often connected

Automatic Penalty Relief is a new IRS initiative designed to reward taxpayers with a strong compliance history. Rather than requiring eligible taxpayers to request penalty relief after receiving a notice, the IRS intends to apply qualifying relief automatically for certain penalties. The program is expected to reduce reliance on the long-standing First Time Abate (FTA) process for many taxpayers. The