Back to top

Client Login

Subscribe to our Newsletter


News

Rain or Shine: The IRS Must Prepare Now for Next Year’s Filing Season

On June 25, I released my mid-year Fiscal Year 2026 Objectives Report to Congress. In it, I praise the IRS […] The post Rain or Shine: The IRS Must Prepare Now for Next Year’s Filing Season a...

National Taxpayer Advocate Issues Mid-Year Report to Congress; Highlights Successful 2025 Filing Season and Challenges for 2026

National Taxpayer Advocate Erin M. Collins today released her Fiscal Year 2026 Objectives Report to Congress, highlighting a largely successful […] The post National Taxpayer Advocate Issues ...

Criminal VDP: TAS Reports a Win For Taxpayers – IRS Agrees to Remove Willfulness Checkbox on VDP Application Form

It is that time of year again – school is out and so are report cards. It is also time […] The post Criminal VDP: TAS Reports a Win For Taxpayers – IRS Agrees to Remove Willfulnes...

The IRS incorrectly recorded me as deceased – what should I do?

If IRS records incorrectly indicate that you or your spouse are deceased, this tax tip has instructions that can help […] The post The IRS incorrectly recorded me as deceased – what sho...

TAS Encourages You to Provide Comments on Transitioning to Electronic Payments by June 30

Know your rights and what to do if the IRS sends you a bill after you already paid your taxes. […] The post TAS Encourages You to Provide Comments on Transitioning to Electronic Payments by J...

Here is What You Need to Know for June

Updates as of June 5, 2025   Important Tax Dates Coming Up on June 16 There are important tax dates […] The post Here is What You Need to Know for June appeared first on Taxpayer Advocat...

Celebrating Taxpayer Advocate Service and Low Income Taxpayer Clinic Collaboration

“[Our] Low Income Taxpayer Clinic is profoundly grateful to our [local TAS office]…for their invaluable collaboration and partnership. In 2024, […] The post Celebrating Taxpayer Advocate Serv...

What to do if you receive an IRS balance due notice for taxes you have already paid

Know your rights and what to do if the IRS sends you a bill after you already paid your taxes. […] The post What to do if you receive an IRS balance due notice for taxes you have already paid...

Mid-Year Tax Checkup

Summertime is the perfect time for a mid-year tax checkup. A tax checkup will help you avoid being surprised with […] The post Mid-Year Tax Checkup appeared first on Taxpayer Advocate Service...

Get Current on Your Federal Taxes

Part of your Mid-Year Tax Checkup should include seeing whether you have any overdue tax returns and making sure you […] The post Get Current on Your Federal Taxes appeared first on Taxpayer ...

Peer Review

What is the value of Peer Review to my firm?

When your firm participates in the AICPA Peer Review Program, you should derive a number of benefits including:

 - Strengthened quality control

 - Improved processes

 - A better understanding of recent professional pronouncement and an awareness of those under consideration

 - Having demonstrable evidence of your firm’s quality 

 - A reduction in recurring issues

 - The awareness of any deficiencies needing correction

 - The potential of using your clean report as a marketing tool to demonstrate your firm’s commitment to quality

 - Learning best practices from your reviewer’s experience working with other firms

 - Benchmark information to compare your firm against similar firms

What criteria should I use when selecting our firm’s peer reviewer?

When selecting your firm’s peer reviewer, you will want to consider the level of audit experience and expertise of the peer reviewer or review team based on their:

 - Years of auditing

 - Number and type of audit engagements they’ve managed

 - The industries they’ve audited

 - The types of audits they’ve conducted

 - Years as a peer reviewer

 - Number and type of firm’s they’ve peer reviewed

 - The types of engagements and industries served by their peer review clients

 - The types of teaching, speaking or article writing they may do related to auditing or peer review

 - Their ability to supply references

You also want to evaluate your peer reviewer based on their cultural fit with you and your firm.  You want to be able to like and trust your reviewer and believe that you can build a long-term relationship with them.  

It is important to note that most peer reviewers will not score “perfectly” in all of the above-mentioned categories, however, you’ll need to evaluate each peer reviewer based on those criteria that are most important and will supply the best match for your firm

Why should we pay your standard rate for these services?  

Given the depth of expertise required to conduct an efficient, productive and above all – quality enhancing peer review, we are unable to discount our rates for our peer reviewers, who are also our best auditors.  Understanding the market shortage for talented auditors, our firm has made the decision to dedicate resources to deliver peer review services, but our business model dictates that we charge our standard rates to have these, our best people, working with your firm.

 

General Contact Info:

  • Telephone:

Send a Message: