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

GENERAL DISCLAIMER:
This newsletter is not intended to render legal, accounting or other professional services. The publisher assumes no liability for the reader's reliance on its contents. © 2007.

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.

CDH launches secure Client Portal

Corbett, Duncan & Hubly is pleased to announce that as part of our commitment to providing Five-Star service to our clients, we have launched our secure Client Portal.

The Client Portal is a secure area linked to our web site where we can upload and share files with our clients. The Portal is linked to our internal electronic document management system, and allows us to quickly and securely provide access to your tax returns, financial statements and other information by publishing those items directly to the Portal.

Here are some other benefits to using the Portal:

Increased communications by sharing documents

• Clients can download and retrieve published documents at any time without having to ask them to be resent via email if a document is lost.

• Clients can upload documents greater than 10 MB in size which avoids some size limitations on emailed attachments.

• Documents uploaded to the Client Portal by the client are instantly available to anyone at CDH without the need for us to distribute them internally to the entire client service team.

• Clients can access published documents from any computer that has Internet access using a web browser.

• Clients can make changes or comments to published documents that have read / write permissions.

• Clients are notified of when documents have been reviewed and approved into CDH's system–providing them with up to date information on the document status.

Security Enhancements

• In the past, our clients have asked for more security on their documents during transmission. All data transmitted via the Client Portal is encrypted using a 3rd part SSL certificate.

• Sensitive documents can be password protected for multiple client representatives with different access levels.

• Each Client Portal user will enter into the terms and conditions to access the portal to ensure passwords to sensitive materials are not shared.

Return on Investment (ROI)

• There are no setup fees or monthly fees incurred by the client.

• Increased workflow efficiencies allow us to complete work and deliver it to you in a more timely fashion.

For more information about the Client Portal, or to register today, please contact the CDH Help Desk.