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A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. Think about your employee and ownership hats. Bankruptcy? Protect your company’s customers, employees and intellectual property. Must you wear both simultaneously? Your message should be clear and consistent.
companies can no longer afford to provide group health insurance to their employees. And both employers and employees alike have tried to make the most of a bad situation. In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. We said it.
A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. You can't really do CPA with Facebook, else I would have it there (for CxOs FB should consider doing conversion tracking). Dippin' Dots crossed five million Facebook Fans a couple of days before they filed for bankruptcy in Nov 2011.
Also, note that the IRS will never ask you or your employees to give out any personal or bank account information over the phone. The IRS can garnish wages and place liens on a property, and in the end, some taxpayers even find themselves facing bankruptcy. Yes, there are significant repercussions to owing taxes you can’t pay.
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