Holyoke, MA — On August 20, 2013, Meyers Brothers Kalicka hosted a Q&A session with alliantgroup Vice Chairman and former IRS Commissioner Mark Everson at their Holyoke office.
Everson, who served as Commissioner during the Bush administration, spoke candidly about the recent issues at the IRS, the Affordable Care Act and the future of the IRS before taking questions from a diverse audience of MBK clients and members of the local business community.
alliantgroup, the nation’s premier provider of specialty tax services, works with CPAs and their clients to ensure that they receive the full benefits of all available federal and state government-sponsored tax credit and incentive programs. As vice chairman, Everson offers his expertise and unique perspective on issues related to tax, businesses, and legislative developments, and to date has helped alliantgroup reach over 12,000 companies to receive over $2.5 billion in tax incentives.
Everson’s insights into the ACA were of particular interest to area businesses, including MBK professionals and their clients. Implementing the ACA, which requires companies with more than 50 employees to provide insurance coverage or face a $2,000 per-employee fine, has proven to be a challenge for firms, as well as the CPAs who represent them. With small to middle market businesses being integral to the economy, this issue hit home with all attendees.
“One of the greatest burdens facing business owners is the uncertainty inherent in the on-again-off-again tax code,” Everson said. “It would really help if there was more permanency in the law allowing businesses to invest and hire with greater visibility in the future.”
Everson indicated that in addition to the ACA’s complex provisions, there is significant concern as to whether the IRS will be able to actually administer the law as it is currently drafted. In light of the troubling developments at the IRS, the fact that senior leadership is retiring and that the Service is facing depleted revenues, there is a genuine feeling that the agency may not be up to task.
This conference is one of many engagements MBK holds aimed at thought provoking conversation about issues relevant to the local business community.
These events are open to the public and the press is always welcome to attend. For more information, please contact:
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Meyers Brothers Kalicka, P.C.
Meyers Brothers Kalicka, P.C. is the largest independently owned and operated CPA firm based in western Massachusetts. The firm is a member of CPAmerica, one of the world’s largest networks of independent CPA and consulting firms. Meyers Brothers Kalicka provides business strategy expertise, as well as tax and accounting services, to closely held businesses and high net worth individuals, with concentrations in the health care, employee benefit, real estate, construction, manufacturing, and not-for-profit sectors. www.mbkcpa.com
This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.
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