Monthly Archives: September 2013

Small Business Underreporting Program

The Internal Revenue Service is trying to close the “tax gap”. They believe that Americans are underreporting their income by $450 billion per year. They further estimate that over 30% ($141 billion) of that underreporting is by small businesses. To … Continue reading

Posted in Akron Accounting Firm, Akron Certified Public Accountants, Business, Corporate Taxation, Internal Revenue Service, Tax Compliance | Tagged , , , , | Leave a comment