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At Foncannon Tax & Financial Services LLC, we believe in taking a hands-on approach to client service. We offer expert solutions to all of your accounting and tax needs, while providing personalized, one-on-one service and support. You will meet directly with your trusted advisor, and work together to develop a unique plan to achieve your business and financial objectives.

We’ve worked hard to cultivate a friendly environment full of open communication—where you can always reach us and get your questions answered. As problem solvers who understand both your goals and concerns, we supply timely resolutions to all of your pressing business challenges. We will make sure you understand your financial status and have the information at hand to make sound decisions.

We take pride in providing large firm services with a small firm mentality. We offer a broad range of solutions to address all of your accounting requirements. Take a moment to consider our full line of services:


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

Rob Foncannon

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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