Revenue Procedure tangible property regulations

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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Reasons to incorporate in a state the officers do not live in

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 …

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Can you avoid CA taxes by incorporating in Nevada?

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 …

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