This one came across the news wire today and I’m sorry, but I just can’t resist a snarky comment. An H&R Block manager was arrested in Van Nuys, CA in February for identity theft. Apparently he was using client’s information to prepare bogus tax returns on their behalf and obtain refunds using the H&R [...]
As we close in on April 15, the traditional tax filing hysteria with all the media attention helps spawn another side industry – tax scams. This time of year criminals use the fear of IRS to prey on victims and get them to disclose valuable info to steal identities and money. The IRS issued a [...]
As we close in on April 15, the traditional tax filing hysteria with all the media attention helps spawn another side industry – tax scams. This time of year criminals use the fear of IRS to prey on victims and get them to disclose valuable info to steal identities and money. The IRS issued [...]
Always, always, always, call the auditor who prepared the statements to determine whether you have real statements. We just did this on our "Invisible Children" post ... and they were delighted to talk to us! (P.S. They said good things about Invisible Children) Also check with the State Board of Accountancy look-up to see if [...]
37,000,000 hits on you tube. Only about 1,000,000 likes. About 32,000 dislikes. (This is as of March 8, 2012.) Apparently not a whole lot of people went through the whole 29 minute video. Many comments are found on You Tube and Facebook that this is a scam initiated by Invisible Children. Let's do some rudimentary [...]
Usually whenever any political body starts tinkering with taxes it is another Right To Work act for accountants. Virtually every “tax simplification” or “tax reduction” act that comes along only serves to make compliance more difficult for the taxpaying public.Given that tax accountants are arguably the only constituency that will always benefit from any [...]
If you operate a business or are a sole proprietor you mayhave noticed a few new lines that appeared on your tax forms for 2011. In 2008Congress passed a tax law that requires all businesses to separately disclosethe amount of their gross revenue that was collected via credit cards. Thisamount was to be reconciled [...]
