Quality Experience and Creative Strategies
At Fenton & Ross, we are focused on providing our clients the highest quality service and experience. We believe that with our experienced and dedicated team, we can accomplish our goal in giving our clients complete satisfaction and the close personal attention that they need. Whether you are a business or household client, we will cut through the complexities and anxiety surrounding issues of finances and taxation. Working in partnership with our firm will give you the insight and guidance you need to manage your money and make sound business decisions.
We have implemented advanced collaborative technologies that provide our clients with 24/7 on-demand access to their information. This website has been designed to become an important resource tool for our clients. An up-to-date snapshot of their financial position is always just a few clicks away through our website, using secure online portals.
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New Tax Law More Than Doubles Fines for Failure to File Information Returns and Failure to Provide Payee Statements
September 1, 2015
The Trade Preferences Extension Act of 2015 was recently signed into law. Part of this new law includes a provision that more than doubles the cap on penalties from $1.5 million to $3 million for 1) failure to file correct tax information returns and 2) failure to provide payee statements. In both cases, fines have been increased from $100 to $250.
These changes are...