Chicago Accounting Articles

IRS Red Flags Chicago Illinois

Updated July 22, 2015 IRS Red Flags Chicago Illinois   Red flag fraud detected in using aggressive accounting   The Internal Revenue Service has a fraud detection system which they are constantly refining.   They have never, to my knowledge, disclosed...

Commingling Funds Chicago Illinois

Updated July 22, 2015 Commingling Funds Chicago Illinois   Tax fraud, commingling funds, and potential audit problems   If you have more than one taxpaying entity, the entities must be kept completely separate.   A corporation, for example, is a living,...

Tax Accountant Ethics Chicago Illinois

Updated July 22, 2015 Tax Accountant Ethics Chicago Illinois   Ethical responsibilities and duties of accountants and CPAs to the public interest   We are the watchdogs that maintain the veracity of the entire financial system of America. Whenever there has...

CPA Accountant Ethics in Chicago Illinois

Updated July 23, 2015 CPA Accountant Ethics in Chicago Illinois Ethical responsibilities of CPAs and tax accountants to the client We have an ethical responsibility to protect our clients produce financial statements and tax returns to the best of our ability after...