-
-
Tax Preparation & Audit Defense
We offer FREE tax preparation to all active-duty marines and 50% discount off regular fee for Marine veterans. We do all federal and state income tax returns: 1040, 1041, 1120, 1120S, 1065.
Brought to you by
Monthly Archives: June 2012
Biggest Tax Increase in History
Thanks to Chief Justice Roberts’ decision to side with the liberals on the Supreme Court, Obamacare is not only constitutional, but it has become the biggest tax increase in history. The Congressional Budget Office in March predicted Obamacare will cost … Continue reading
Posted in Taxes - General
Comments Off
What is the “Tax Gap”
The “tax gap” is a concept developed by the Internal Revenue Service to measure voluntary compliance with the tax laws by taxpayers. The tax gap is the difference between what taxpayers should have paid and the amount that is actually … Continue reading
Posted in Taxes - General
Comments Off
This Why There Are NO Jobs in America
I’d like to make you a business offer. Seriously. This is a real offer. In fact, you really can’t turn me down, as you’ll come to understand in a moment… Here’s the deal. You’re going to start a business or … Continue reading
Posted in Uncategorized
Comments Off
Thousands of Businesses Contacted to File Tax Returns
Sacramento – Franchise Tax Board (FTB) is contacting more than 100,000 California business entities that have not filed their 2010 state income tax returns. Businesses contacted by FTB will have 30 days to file a tax return or show why … Continue reading
Posted in Taxes - General
Comments Off
Time (i)
Time is our most valuable asset, yet we tend to waste it, kill it, and spend it rather than invest it. — Jim Rohn
Posted in Uncategorized
Comments Off
Looming Tax Increases Could Prompt Recession Next Year
The Congressional Budget Office has issued a report warning that the economy could slip into a recession unless policymakers decide what to do about the steep tax increases and spending cuts that are scheduled to take effect next year. The … Continue reading
Posted in Tax Planning
Comments Off
Appeals court invalidates associated property rule in capitalization regulations
Appeals court invalidates associated property rule in capitalization regulations.
Posted in Taxes - General
Comments Off
California LLC Fee Due by June 15
An LLC not classified as a corporation must pay the annual LLC fee if it is organized, doing business, or registered in California and has income of at least $250,000. The annual LLC fee is based on total income from … Continue reading
Posted in State Taxes, Tax Professionals, Taxes - General
Comments Off
IRS Has New Guidance for RTRPs on Continuing Education
Washington, D.C. (May 31, 2012) By Jeff Stimpson As more and more providers gear up to meet testing and education requirements for the new RTRP designation, new questions the IRS FAQ page for Registered Tax Return Preparers tackle a pair of … Continue reading