4 minutes read
If he were in charge of travel, the Soup Nazi might say, “No Passport for you!” In real life, travel may seem unrelated to taxes, except perhaps for those annoying airport taxes on international destinations. But a bigger tax and travel connection could keep you at home—permanently.
1 minute read
So you have to prepare your taxes? Long Beachers have some opinions on where they think you should take your W-2 forms locally?
In our vote to decide who is the best tax consultant in Long Beach…And the winner is: R&G Brenner Income Tax Preparation Services.
Receiving 60 percent of the votes in the contest, R&G Brenner is a New York-based chain that has specialized in tax preparation since 1941. The business offers tax consultation service, auditing, corporation...
14 minutes read
Even if it is too late to do anything about this year’s returns, it is a good time to start planning for next year’s. At the root of the most common blunders are three types of taxable fund payouts: interest income, dividends and capital gains. While all three are subject to a complex web of tax rates and regulations, investors can limit their tax bills by understanding their funds, planning carefully and staying abreast of tax changes in Washington....
2 minutes read
April is tax season. Everyone has a method for filing taxes. It’s as limitless as the deductions you can claim.
3 minutes read
The Internal Revenue Service is reminding U.S. citizens and resident aliens, including those with dual citizenship who have lived or worked abroad during all or part of 2011, that they may have a U.S. tax liability and a filing requirement in 2012.
2 minutes read
The New York State Tax Department announced this week to consumers and businesses that beginning April 1, 2012 items of clothing and footwear sold for less than $110 will be exempt from the state’s 4% sales and use tax. (Through March 31, 2012, such items up to $55 were exempt.)
5 minutes read
“Why me?” is the plaintive cry from most taxpayers facing an examination from the IRS. You can ask the auditor why all day long, but he’ll just shrug and say, “I don’t know. I’m just doing my job.” Once in a while an auditor may give you her best guess as to why you were selected, but don’t count on it.
3 minutes read
The Treasury Inspector General for Tax Administration today released Inspection of the Employee Pre-Screening Process (2012-IE-R003) and found the following:
3 minutes read
The IRS has failed to implement key components of its information security program, potentially putting at risk sensitive agency and taxpayer data, according to the federal government’s top watchdog.