by Reuven Rubinson | Jun 24, 2015 | Accounting and Taxes
The more I work with the EDD and see the court cases, the more I think the answer the question is – NO, you cannot be an independent contractor in California! The IRS has a 20 point test to figure out whether you are an independent contractor or an employee....
by Reuven Rubinson | Jun 10, 2015 | Accounting and Taxes
IR-2015-86, June 10, 2015 WASHINGTON—The Internal Revenue Service today reminded all taxpayers with an FBAR filing requirement to report their foreign assets by the June 30 deadline. FBAR filings have risen dramatically in recent years as FATCA phases in and other...
by Reuven Rubinson | May 29, 2015 | Accounting and Taxes, Speaking Events
Thank you Eran Sinai for having me as a guest on “Lunch N Learn Radio” on ESPN Radio hosted by Eran Sinai on Wednesday May 27. Click here to listen to the MP3 of the show. The section on Business Plans starts around minute 22.
by Reuven Rubinson | May 1, 2015 | Accounting and Taxes
Many businesses have recently received a letter from the IRS notifying them about incorrect payee information and that they may need to begin backup withholding. Here is an explanation of what these notices mean. The bottom line is this is a warning and a reminder to...
by Reuven Rubinson | Apr 30, 2015 | Accounting and Taxes
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...
by Reuven Rubinson | Mar 31, 2015 | Accounting and Taxes
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...