Executive CPA Services

Your success is our success

Mihir Desai, a professor of finance at Harvard Business School, breaks down the brand-new U S tax law He says it will affect everything from how corporate assets are financed to how business are structured He predicts many individuals will lower their tax burdens by setting themselves up as corporations And he discusses how the law shifts U S tax policy toward a territorial system of corporate taxes, one that will affect multinationals and national competitiveness Finally, Desai explains what he would have done differently with the $1 5 trillion the tax cut is projected to cost

WE ARE HERE TO HELP YOU DRIVE CHANGE TOGETHER WE WILL SHAPE THE FUTURE

IR-2017-112, June 26, 2017 WASHINGTON – The Internal Revenue Service today issued a warning that tax-related scams continue across the nation even though the tax filing season has ended for most taxpayers People should remain on alert to new and emerging schemes involving the tax system that continue to claim victims

“We continue to urge people to watch out for new and evolving schemes this summer,” said IRS Commissioner John Koskinen “Many of these are variations of a theme, involving fictitious tax bills and demands to pay by purchasing and transferring information involving a gift card or iTunes card Taxpayers can avoid these and other tricky financial scams by taking a few minutes to review the tell-tale signs of these schemes ”