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Patrick & Robinson in the news

Tax fraud is an important issue, and the IRS takes it seriously.  It can include underreporting income, claiming deductions incorrectly, and filing returns with false social security numbers with intent to claim illegitimate refunds.

Jacksonville’s News4Jax interview this morning featured our own Tim Raines, CPA.  If you didn’t have time to catch it before work and missed the rerun at lunchtime, view it here: IRS Sending a Tax Fraud Message

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Frequently Asked Questions

Q.

My lender is requesting financial statements prepared by a CPA.  Why can’t they accept my income statement from my accounting software?

A.

If you approached a lender to obtain a loan for your business, they may request CPA-prepared financial statements. The terms and amount of your loan will depend on the financial...

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