by Reuven Rubinson | Feb 7, 2016 | Accounting and Taxes
The IRS has announced that it will allow taxpayers to file their 2015 tax returns, even though they may not receive their Health Care information, and will not have to will file an amended return if there are discrepancies, as long as they rely on other reasonable...
by Reuven Rubinson | Jan 21, 2016 | Accounting and Taxes
Following up my previous post, the IRS has now sent out new letters telling everyone they had the wrong date on the previous letter, as I discussed. I wonder how much that cost in postage? Or are they just subsidizing the U S Postal Service?
by Reuven Rubinson | Jan 7, 2016 | Accounting and Taxes
It was announced this week that letters were sent out giving taxpayers an identity theft pin number for filing their 2015 tax returns. Unfortunately, they did not do enough proofreading and the letters say that the pins are supposed to be used for filing the 2014 tax...
by Reuven Rubinson | Nov 25, 2015 | Accounting and Taxes
I received a fake IRS phone call this morning and I had to smile because I was pulling into the driveway of a client for an IRS audit. If they had called 10 minutes later, I could’ve handed the phone to a real IRS agent. The person on the phone call stated – This is...
by Reuven Rubinson | Nov 24, 2015 | Accounting and Taxes
IR-2015-133, Nov. 24, 2015 WASHINGTON —The Internal Revenue Service today simplified the paperwork and recordkeeping requirements for small businesses by raising from $500 to $2,500 the safe harbor threshold for deducting certain capital items. The change affects...
by Reuven Rubinson | Jul 2, 2015 | Accounting and Taxes
Here is a link for questions about the new CA sick leave policy: EDD website #sicktime #CAnewlaw
