Re: The tax man cometh...
It seems that our auditors were not aware of the new 1099 requirements when we asked a couple of weeks ago. However, we already expect that the new 990 information return requirements for certain non-profits will complicate our accounting procedures and double our tax preparation and audit costs. Now this ... I guess we will see those costs double again?
It appears that accounting, auditing and tax compliance are quickly becoming real growth industries.
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