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  > Receipt
A written record of a transaction.
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  > Balance Sheet
A statement listing a business's assets, liabilities, and net worth, or equity.
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  > Audit
A systematic review or examination of the assertions or actions of a third party to evaluate conformance to some norm or benchmark.
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   Accountant News:

Our Government Has Consistently Stonewalled Our Efforts To Obtain Internal Documents Disclosing The Truth

When we learned the truth about our former accountant's extortion plan, we asked the United States attorney and the IRS inspection division to investigate. They resisted. First, IRS Inspection took a half-hearted look at the case but closed that investigation without taking the time to interview me or my sons to find out what had happened. But we kept pressing. We acquired more evidence. A new investigation was opened. A new IRS inspector recommended that my former accountant be prosecuted. But no action has been taken. It's shocking that no IRS inspector has bothered to take action against the IRS case agents and supervisors who thoughtlessly accepted and viciously pursued the false accusations made by a greed-driven former accountant. Our government has consistently stonewalled our efforts to obtain internal documents disclosing the truth. A federal judge in Fort Worth recently tired of the government's effort to hide the facts. He ordered the government to give us all the information we had asked for and to pay attorneys' fees to compensate us for the burdens it had placed upon our efforts to seek out the truth. The past four years have taken a personal and emotional toll that can never be restored. It is my hope that our suffering can be used as a mirror reflecting the need to reform an IRS that is completely out of control.

Put yourself for a moment in my shoes. Your former accountant, a person you trusted for years to oversee the accounting and tax preparation for your business, and fired because he wasn't doing the job, bargains for an incredible IRS reward, falsely tells the IRS you evaded as much as $300 million in taxes, and uses stolen information to generate private lawsuits against you. Armed IRS agents tear apart your offices, terrorize your employees, go public with the case, and after a long personally and professionally painful investigation, inevitably come up empty-handed. There were no apologies, no public corrections of the record and no efforts to write the wrongs. In the end, the IRS was concerned about one thing: Getting a release from liability for itself and its agents. What about civil rights? This was a clear-cut case for serious self-examination by the IRS. But the IRS did its best to cover its tracks, protect itself from ever having to answer for its actions, and move on to another investigation, another preferably defenseless taxpayer. I'm here today to ask you to call an end to this kind of abuse and ensure that what's happened to us never again happens to another innocent American. Thank you very much, gentlemen.

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Did You Know?    
 
 
You want to hire an accountant that practices GAAP.
Generally accepted accounting principles (GAAP) are the accounting rules used to prepare financial statements for publicly traded companies and many private companies in the United States.

 
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Latest News
  Latest accountant news in Queens and nationwide:

Jul 14, 2006 - F.E.R.C, Strengthens Customer Protection, Facilitates Investment In Electricity Industry
The Federal Energy Regulatory Commission today harmonized provisions of two key Energy Policy Act of 2005 rulemakings addr...
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Aug 22, 2005 - The Accountant Charged The Receivership $285,885
In about 1990, Fleming hired a certified public accountant to prepare a compilation of USIC receipts and disbursements to ...
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Aug 22, 2005 - Enzi Supports Employer Protection Amendment
Washington, D.C. - U.S. Senator Mike Enzi, R-Wyo., is cosponsoring an amendment with Senator Phil Gramm, R-Texas, to the P...
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