Yesterday I got a phone call from a client indicating they had just been called by the IRS and they were threatening to send the sheriff to arrest him unless he made immediate payment. He asked to talk to their supervisor and supervisor told him the same thing. I told him it was a scam …
I am participating in a Webinar and here’s an interesting comment. Florida was one of the states where identity theft was most prevalent. According to the presenter, drug dealers in Florida stopped selling drugs earlier this year and filed fraudulent returns because it was more profitable!!! IRS Identity Theft Page
You don’t have all your information. You’re too busy to get it together. You don’t have the money to pay. I’ve heard these and many other reasons why people cannot file their tax returns on time. Whatever your reason, you need to file an extension. The most important reason for this is that if you …
Blog | REUVEN I. RUBINSON, CPA, MBA The IRS has just issued a new Revenue Procedure so that businesses with less than $10,000,000 of annual gross receipts will not have to file a Form 3115 and can choose to apply the tangible property regulations prospectively starting on January 1, 2014. Here is a link …
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First, the CYA – I am not providing legal advice. What I am stating is my understanding as a CPA and former CFO of a publicly-traded company. Before you take any actions, you should consult with counsel. Two weeks ago I posted a Blog stating that a CA corporation generally cannot save taxes by incorporating …
Continue reading ‘Reasons to incorporate in a state the officers do not live in’ »
I have recently had a couple of conversations with people about incorporating in Nevada and I wanted to share them. Scammers are making money and putting companies at risk. First, the CYA – I am not providing legal advice. What I am stating is my understanding as a CPA and former CFO of a publicly-traded …
Continue reading ‘Can you avoid CA taxes by incorporating in Nevada?’ »