WINTER 2008

CDH launches secure Client Portal

IRS prepares for first spike in 2008 filing season

Prove it! IRS demands less proof of business expenses in certain situations

IRS reveals stepped up audits of high-income individuals and pass-through entities

	Do I have a higher risk of being audited if I file early? I just hired a new employee and want to know how long I need to keep the resumes from other candidates on file I heard that the I-9 form changed and wanted to know what changed and where I can get an updated version. If an employee is considered a salaried employee, is there any circumstance where I am required to pay overtime pay? Are we required to give employees a certain number of paid vacation or holidays? Should I make a campaign contribution this year?
	Congratulations To… New Hires

About Corbett, Duncan & Hubly
Corbett, Duncan & Hubly, P.C. (www.cdhcpa.com) is a Crain’s Chicago Business Top 25 accounting and consulting firm. The firm provides clients a full range of professional services including: assurance, tax, risk management, valuation, litigation, fraud investigation, merger & acquisition, and business consulting.

Corbett, Duncan & Hubly
100 Pierce Road, Suite 100
Itasca, IL 60143
630-285-0215
630-285-1166 (fax)

www.cdhcpa.com

A 2006 Crain’s Chicago Business Top 25 Accounting Firm

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IRS CIRCULAR 230 DISCLOSURE:
To ensure compliance with requirements imposed on June 20, 2005 by the United States Treasury, we inform you that any tax advice contained in this communication (including any attachments) was not intended or written to be used, and cannot be used, for the purpose of 1) avoiding tax-related penalties or 2) promoting, marketing or recommending to another party any tax-related matters addressed in this communication.