IRS releases business standard mileage rate for 2012 The business standard mileage rate, which many employers use to
reimburse employees for business miles driven, is 55.5
cents-per-mile for 2012, the IRS has announced. This reflects
no change from ...
IRS reminds dual citizenship taxpayers to report foreign accounts The IRS recently reminded dual citizenship taxpayers and U.S.
citizens residing abroad to file U.S. income tax returns and, if
appropriate, Form TD F 90-22.1, Report of Foreign Bank and
Financial A...
IRS revises regulations for capitalization of tangible assets Just before year-end 2011, the IRS issued much-anticipated revised
regulations on the capitalization of tangible assets. The IRS
withdrew proposed regulations issued in 2008 and issued temporary
an...
IRS updates Form 940 for mid-year expiration of FUTA surtax The IRS has updated Form 940 to reflect the mid-year 2011
expiration of the 0.2 percent FUTA surtax. FUTA taxes for 2011 will
be calculated using two rates, the IRS explained.Mid-yea...
Committed to Helping You Achieve the Highest Return on Your Investment
Welcome and thank you for visiting the website of Fiorillo, Shaffer & Associates. In addition to providing you with a profile of our firm and the services we provide, this website has been designed to become a helpful resource tool to you, our valued clients and visitors. Our dedication to superior client service has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance.
As you browse through our website, you will see that we have highlighted background information on our firm and the services we provide. We have also included useful resources such as informative articles (in our Newsletters section) and interactive financial calculators (in our Financial Tools section). In addition, we have taken the time to gather many links to external websites that we think would be of interest to our clients and visitors (in our Links section).
Please feel free to contact us with any questions or comments you may have - we would love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.
Make sure you ask the right questions.
When looking for someone to prepare your taxes, Fiorillo, Shaffer & Associates recommends that you ask the following questions:
Have you prepared returns for other people in my profession?
Do you have experience with the specific complexities of my return?
Are you licensed CPA? Enrolled agent? Tax attorney?
Are you going to handle my return personally?
Do you earn continuing professional education credits in taxation each year?
Will you represent me if I’m audited?
To make an appointment with Fiorillo, Shaffer & Associates, please call 217-379-4308 or send us a message directly through the Contact page of this website or feel free to sign in to our Guest Book which is located on this page in the upper right hand corner.
