About Shelley & Shelley, CPA, PA
Shelley & Shelley, CPA, PA is comprised of two Principals; Rose P. and John A. Shelley, both graduates of The Florida State University “College of Business” in 1979. Rose went on to obtain her Post Baccalaureate Education Requirement from Stetson University. After acquiring accounting experience in both regional and international accounting firms, they opened their office in 1987. The office location of Shelley & Shelley CPA PA was originally in downtown Daytona Beach, Florida and in 2005 later relocated to the nearby City of Port Orange. The Firm is a member of AICPA, the American Institute of Certified Public Accountants, and FICPA, the Florida Institute of Certified Public Accountants. The Firm follows applicable peer review guidelines and utilizes the information resources provided by these organizations.
Effective January 2013 the accounting practices of Hewitt J. Dupont, CPA, PL and Shelley & Shelley, CPA, PA merged. Hewitt is a 1972 graduate of The Florida State University College of Business. His tax and accounting experience began in 1970 with a local Tallahassee CPA Firm. In 1975 he relocated to Volusia County, Florida to join a CPA firm in Daytona Beach, subsequently founding his own accounting firm in 1982. In addition to membership in the American and Florida Institute of Certified Public Accountants, Hewitt is member in the Private Company Practice Section (PCPS) of the AICPA.
We offer accounting and reporting services to a wide variety of entity types including: Estate, Trusts, Businesses, Individuals and Not-for-Profits. The type services include Tax Planning, Tax Preparation, Payroll Services, Business Consultation and Accounting.
Your CPA News
by John Lauck, CPA, Ph.D.
Understanding decision-making weaknesses can help CPAs avoid mistakes.
How to use psychology to your advantage
Understanding certain psychological concepts can help CPAs and others maintain professional skepticism, make better decisions, and improve their performance. Here are some tips on how to put psychology to work:
Consider your motivation. Be aware of the potential to seek and emphasize information that supports your initial ideas or your client's position. Taking care to search for and evaluate all relevant information can provide the objectivity necessary to avoid invalid conclusions that can be brought about by a form of motivated reasoning known as directional goals.
Don't rely on first impressions. According to the "halo effect," we rely so heavily on our first impressions of people that we ignore later information about them. Maintaining an awareness of this tendency and developing systems to eliminate bias can keep the halo effect from causing problems.
On May 20, 2016, John Dalrymple, IRS Deputy Commissioner for Services and Enforcement, issued a memo outlining immediate procedural changes to initial taxpayer contact in examination cases. All correspondence with taxpayers to begin an IRS examination must be made by mail using the appropriate initial contact letters listed in the Internal Revenue Manual.
In the past, the IRS contacted certain taxpayers via phone to commence an audit. However, due to the continued threat of phone scams, phishing and identity theft, the IRS has changed its policy. Practitioners and taxpayers complained that receiving a call from the IRS to start an examination was confusing since the IRS doesn't initiate collection enforcement action via phone. After all, why would the IRS call in some instances, but not in others? Taxpayers are legitimately concerned about any phone call that appears to be a scam.
Practitioners should continue to educate their clients about how the IRS conducts business and warn them of potential phone scams.