CPA Financial Musings: How to Save Future Generations From Financial Illiteracy

We have talked before about teaching kids about finances and how to handle bank reconciliations, credit cards, insurance, mortgages and savings.  Here is a new article in US News and World Report – Money by Odysseas Papadimitriou that gives some concrete ideas and methods to teach about financial literacy: http://money.usnews.com/money/blogs/my-money/2014/10/17/how-to-save-future-generations-from-financial-illiteracy The Apps for younger kids are a great idea to get started.  More important is that you are getting involved in these teaching ideas and may be learning right along with your children, so you may be teaching more than just them.   For financial,  accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net  Phone: 818-317-6035  Website: www.briantstonercpa.com    Android and the IPhone:        Has been Featured On https://twitter.com/bstonercpa

Read more »

Tax Musings of a Burbank CPA: Taxpayers Freaking Out Over Hoax Claiming 2015 IRS Refunds Already Delayed

Apparently there is a hoax going around that the IRS is delaying 2014 refunds until October 15, 2015.  Everyone is apparently really getting excited about it, so see this posting by Kelly Phillips Erb for more details: http://www.forbes.com/sites/kellyphillipserb/2014/10/10/taxpayers-freaking-out-over-hoax-claiming-2015-irs-refunds-already-delayed/ Just remember that this is a hoax posted in a satire website, so no freaking out (they won’t delay refunds until the 2015 tax season actually starts, so wait until then to get crazy.)    For financial,  accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net  Phone: 818-317-6035  Website: www.briantstonercpa.com    Android and the IPhone:        Has been Featured On https://twitter.com/bstonercpa

Read more »

CPA Tax Musings: Five things you can do now to get ready for 2014 filing.

Well October 15 officially ended the 2013 tax filing season.  Now to get ready for filing 2014 taxes. (???!!!@@) Since so many people wait until the last minute, get a jump on it now and reduce your tax stress level.  See this article in the Christian Science Monitor by Steve Nicastro for a list of things to do now: http://echo4.bluehornet.com/ct/48691233:28152288634:m:1:2505976388:A56F66DDAF6248B11AD7992B6C9CB385:r Also it is a good idea to get your receipts together and start listing them.  Also if you have a scanner you can scan them into your computer in pdf form and cut down paperwork.  The more you get done now will reduce your blood pressure at the start of 2015.  Pretty soon Thanksgiving and Christmas will be coming and there will be less time, so start now.    For financial,  accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net  Phone: 818-317-6035  Website: www.briantstonercpa.com    Android and the IPhone:        Has been Featured On https://twitter.com/bstonercpa

Read more »