IRS audits of higher income taxpayers increase The IRS audited one in eight individuals with incomes over $1
million in fiscal year (FY) 2011. While the overall audit coverage
rate for individuals remained steady at just over one percent, the
a...
Tax gap grows to $450 billion; compliance rate holds steady The "gross tax gap," or the amount of tax owed to the U.S.
government that is not paid on time, climbed from $345 billion in
Tax Year (TY) 2001 to $450 billion in TY 2006, the IRS has
reported. (Be...
OR - No good cause for representative’s failure to appear Regarding a taxpayer’s Oregon personal income tax appeal,
good cause did not exist for the failure by her representative to
either attend a case management conference or expl...
WA - Taxability of insurers explained The Washington Department of Revenue has updated an industry guide
on the application of sales and use tax to the insurance industry.
Insurers and affiliates are responsible for pa...
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At Barrett & Company PLLC, our goal is simple: build long lasting relationships with our clients by providing high-quality and timely service utilizing the most efficient technological means found at large firms.
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