American Institute of Certified Public Accountants

Income Tax Planning and Compliance Services

With respect to income tax planning and compliance, Blythe Paperless adopts a conservative tax posture in which recommendations do not vary significantly from known positions of the Internl Revenue Service. In most cases, it is less expensive to comply with a law or regulation than to adopt a more aggressive posture.

In our opinion, an aggressive tax posture that is known to be at variance with laws, regulations, rules, or guidelines is usually unsuccessful when it is challenged during an audit.

Providing tax services for common interest realty associations and non-profit oranizations with or without federal A-133 grant requirements is complicated because definitive tax laws, regulations, rules, and guidelines often do not exist.

Common Interest Realty Associations

Many CIRAs choose which tax form to file by selecting the form that yields the lowest tax. However, the decision whether to file Form 1120 or Form 1120-H is a complex one that requires a full understanding of the tax treatment of the components of a CIRA's income and expenses. More...

Not-For-Profit Organizations

Not-for-profit organizations in general are subject to taxes on unrelated business income and certain membership organizations may be subject to a tax because of their lobbying activities. An organization's failure to maintain its tax-exempt status by complying with tax laws and regulations would have obviously significant tax consequences. More...

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