This Week in Consumer

Victor Sy, CPA, MBA

Victor Sy, CPA, MBA Victor Santos Sy, CPA, MBA, provides professional services in accounting and tax controversy including IRS audit defense and offers in compromise. He also advises clients on choices of entity including corporations for small businesses and LLCs for rentals. Vic worked with SyCip, Gorres, Velayo (SGV - Andersen Consulting) and Ernst & Young before establishing Sy Accountancy Corporation at 704 Mira Monte Place, Pasadena, CA 91101. The firm celebrates its 35th anniversary in 2012. You may email tax questions to Vic at You are welcome to visit our website for about 300 tax tips at

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Columns Archive

How the IRS stores your income tax returns for future audits

THIS is the second of three articles on how the IRS selects tax returns for audit. Our first article discussed how tax returns are received, verified, and reviewed. This article deals with how your tax returns are stored into master … Continue reading

February 18, 2017

How IRS verifies your income tax returns for audit

DID you ever wonder how the IRS selects tax returns to be audited? Here’s a three-part series on how tax returns are received, stored, and chosen for audit: • How e-filed and paper-filed tax returns are verified, validated, and reviewed … Continue reading

February 11, 2017

Trump tax plan for 2017 & beyond

REPUBLICAN president-elect Donald Trump unveiled a new framework for his revised tax plan. Basically, his plan simplifies the tax code – reduce tax rates, simplify provisions, and reform business taxation. His fellow Republicans control both the House and Senate so … Continue reading

February 04, 2017

2016 federal tax changes

1. TAX Day is April 18, 2017: While we are accustomed to a filing tax deadline of April 15, this day falls on a Saturday so the deadline is moved to Monday April 17, but the District of Columbia observes … Continue reading

January 28, 2017

New California laws 2017

“ Workers in ‘substantially similar’ jobs but of different races or ethnicity will need to be paid equal wages.” (Part 2 of 2) TEXTING While Driving: Texting is already forbidden, but new law further prohibits drivers from using smartphones for other … Continue reading

January 23, 2017

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