If you are missing one or more W2s and are waiting for them to file, there are some things you can do. See this tip from the IRS about W2 http://content.govdelivery.com/accounts/USIRS/bulletins/ef4d01?reqfrom=share Just remember that if you have your paystubs (or your last stub with year to date information) you can file a form 4852 – Substitute for W2 if you need to. At least then you have documentation to support your tax return (especially if an employer went out of business before the end of the year and didn’t file W2s). Check with your preparer and he can file the substitute form with your return. 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
Musings of a Burbank CPA: What You Should Know if You Get Tipped at Work
If you work at a job where tips are common (waiter or waitress, bellhop, stripper (?)) you need to be aware of the rules of declaring tips as income and paying tax on them. See this IRS tip about tips (haha): http://content.govdelivery.com/accounts/USIRS/bulletins/eef2a5?reqfrom=share If you want to do this the right way, it is best to keep a log of the tips you receive and then report them to your employer. That way you are following all the rules and will not get in trouble with the IRS. 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
Burbank CPA Tax Musings: The 4 Kinds of Clients You Need to Fire: A Primer for Accountants
There are many types of tax clients who can be more trouble than they are worth. If you are a tax preparer, you should seriously take a look at your client list and see if you have any of these types of client; if you are a client of a tax preparer you should be aware that if you exhibit this type of behavior you could be a pain. See the article by Terry Sheridan in Accounting Web for the details: http://www.accountingweb.com/article/4-kinds-clients-you-need-fire-primer-accountants/224334 This should clear the air on this issue and allow both sides to work together better (or go their own ways!) 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