Alert: Telephone Scam

CAMICO has seen an uptick in calls from policyholders reporting that clients are receiving scam calls from individuals claiming to be Internal Revenue Service (IRS) agents or Criminal Investigation Division (CID) agents. These scam calls are designed to get the taxpayers to respond and to divulge personal identity information. This scam is incredibly simple and … Read more

Alert: Revised Circular 230 Regulations Now Effective — Circular 230 Tax Disclaimers on Emails No Longer Permitted

Revised final regulations governing practice before the Internal Revenue Service (IRS) took effect June 12, 2014. The regulations impact individuals who practice before the IRS and modify the standards governing written advice and other related provisions of the regulations. Most of the changes to Circular 230 are indeed welcome news for CPAs. The final regulations … Read more