News & Publications

Check back regularly to see what's new at Wayne M. Manning, CPA and for interesting news in the world of finance, accounting, and taxation.

6 End-Of-Year Questions To Ask Your Tax Advisor

Forbes.com, 12.10.2013

Your end-of-year to-do list may seem full already. But it’s not complete unless it includes a conversation with your accountant. Now that you can see how your year has ended up — whether you’ll be getting that raise you angled for, had your first child, bought a new house or launched your own business — ...

Small-Business Partnerships to Be Priority of IRS Exams: Taxes

Bloomberg.com, 11.11.2013

The Internal Revenue Service is shifting its small-business audit focus from corporations to various types of partnerships as those entities have grown more prevalent and complex, according to an agency official.

Reducing IRS Penalties

Forbes Magazine, 09.01.2013

Each year the IRS assesses millions of penalties against taxpayers. Most taxpayers are unaware that post-assessment the IRS also abates many of those same penalties. During fiscal year 2012 the IRS assessed 37 million penalties against taxpayers. The IRS later abated about 5 million of those penalties...