View Padgett President Roger Harris' congressional testimony on the impact of the Corporate Transparency Act and the BOI reporting requirements here.
Former Commissioner Danny Werfel Speaks on the Past and Future of the IRS
June 2nd, 2025 | podcast
Former IRS Commissioner Danny Werfel joins Roger and Annie for a wide-ranging conversation about his tenure leading the nation’s tax agency during a period of unprecedented funding and modernization efforts. Werfel discusses the challenges of …
Latest Posts
Tax Season Aftermath
Roger and Annie discuss important tax updates that occurred during the busy tax season, including new IRS guidance on Employee Retention Credits and the current status of Beneficial Ownership Information reporting requirements. They explore th…
Inside the IRS: A Conversation with Terry Lemons
For our milestone 50th episode, Roger Harris and Annie Schwab welcome Terry Lemons, who spent 26 years at the IRS including 11 years as Chief of Communications and Liaison. Terry shares insights from working with six different IRS commissioner…
Replay: Surviving a Cyber Attack
In this episode, Roger sits down with Catharine Madeley, a tax practitioner who recently experienced a data breach at her firm. Catherine shares her firsthand account of how the breach unfolded, the steps she took to respond, and the lessons s…
Featured Articles
The Dirty Dozen Tax Scams of 2023
This week, Roger and Annie cover the latest news. First, they discuss the launch of the ERC audits, then move on to the impact the debt-ceiling agreement will have on the IRS. They also cover the annual IRS “Dirty Dozen” worst tax scams. To wr…
Breaking Down the SECURE Act 2.0
Roger and Annie discuss the changes in the SECURE 2.0 Act of 2022 and how this impacts small business owners with regards to offering retirement plans to their employees. They also talk about recent changes in IRS regulations that could prove …
Latest Tax, Accounting & Financial Tips
The Social Security wage base for employees and self-employed people is increasing in 2024
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $168,600 for 2024 (up from $160,200 for 2023). Wages and self-employment income above this threshold aren’t subject to Social Security tax. Basic details The Federal Insurance Contributions Act (FICA) imposes two taxes on employers, employees and self-employed…Read More→
Facing a future emergency? Two new tax provisions may soon provide relief
8 Tax Deductions Every Small Business Owner Should Know
What the ERC Pause Means for Small Business Owners
Tax Tips for Self-Employed Individuals
11 Accounting Mistakes to Avoid as a Small Business Owner
Tax Audits Demystified: How to Prepare and Respond as a Small Business
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