Posts Tagged ‘Troy Thibodeau’
Convey in the News
With tax season fast approaching, many organizations’ tax departments often find themselves becoming frantic and stressed as they suddenly realize they are not quite as prepared as they should be to get everything accurately completed on time. And this season could be worse with many new
Convey Featured in Reuters Article on 1099-Ks
With the debut of the new IRS Form 1099-K last year came confusion and frustration from several online retailers. Some didn’t know what it was or why it mattered, others were familiar with it but didn’t know what to do with it, and some were just bitter about the new taxes they would have to
Billions in Undetected Tax Fraud Signals a Need for Real-Time
Identity theft-related tax fraud has been a growing problem for the IRS in recent years, and a report released yesterday suggests it may be even worse than we thought. The Treasury Inspector General for Tax Administration, a group that oversees the Internal Revenue Service, uncovered some
3 IRS Regulations to Watch in Tax Year 2012
How does one handle the ever-changing complexities of the tax world? Short answer: You don’t. Long answer: You focus on what your business does best and find partners who cover the niches. That’s what Convey has done for over 25 years. We are 100-percent dedicated to tax information reporting
FATCA: A Chance to Bring Order to Your Tax House
Torches burn and pitchforks rise. Curdling cries are heard from the main streets to Wall Street. Why all the fuss? The Foreign Account Tax Compliance Act is the instigator, otherwise known as FATCA, the latest and most robust IRS attempt to attack the $450 billon tax gap and offshore tax
Fumbling Forecasts: From the Super Bowl to Tax Time
Predictions are a tricky thing to do. Take Super Bowl XLVI for example. Scores of fans got their pick wrong, and that’s with a minimum 50-50 chance. On the flip side, many predicted the New York Giants would win, but was it for the right reasons? Most of these fortune tellers probably
Convey Featured in Accounting Today
When it comes to 1099 reporting, the future is uncertain. That was the underlying theme in the latest Accounting Today article, “IRS Increases 1099 Expectations,” featuring a plethora of quotes from Convey’s Executive Vice President, Troy Thibodeau. To start, new 1099-K and
Convey Featured in Star Tribune Tax Gap Article
In an article featured in the Star Tribune, Neal St. Anthony writes further about the tax gap, the IRS’ continuing efforts to close it, and Convey’s role in the current tax environment. From our previous blog post, we all know the tax gap number has increased, nearing $450 billion
