Business Details
On December 1, Helmer M. Raphael, a CPA and lawyer, started his own CPA firm after 21 years at the Department of Internal Revenue. A company he worked on as an Internal Revenue agent became one of his first clients and is still with the firm over eighty years later.
Accounting History
Six days later, the attack on Pearl Harbor precipitated the United States’ involvement in World War II. To help pay for the war, the government raised taxes.
At the time, the maximum rate was about 90%, not including an excess profits tax on top of that. Returns were prepared in pencil, then typed onto forms that had carbon copies for the taxpayers.
52 Church St Boston Philadelphia, MA, USA, 02116