Clear Financial Insight to Ensure Your Success

At Advisors Management Group, Inc., we are more than a typical advisory firm. We are your strategic financial advocates—helping you with all aspects of financial decision-making and partnering with you throughout the year to make sure you remain on a healthy financial path. Offering a comprehensive line of advisory services, we give clients peace of mind in knowing their financial futures are secure. In addition, the collaborative efforts of our financial planning, tax and accounting services offer clients the assurance that complex financial planning, accounting and annual tax compliance tasks are being handled by qualified experts.

Our mission has always been, and will always be, to help our clients reach their financial goals through dedicated, collaborative and personalized support. We are committed to providing you with the meticulous planning and thoughtful financial management you need to achieve your objectives.

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New Tax Law More Than Doubles Fines for Failure to File Information Returns and Failure to Provide Payee Statements

Roger Deets

September 1, 2015

The Trade Preferences Extension Act of 2015 was recently signed into law. Part of this new law includes a provision that more than doubles the cap on penalties from $1.5 million to $3 million for 1) failure to file correct tax information returns and 2) failure to provide payee statements. In both cases, fines have been increased from $100 to $250.

These changes are...

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