Well, here they are: the new and improved tax rates of the IRS for 2014! Everyone jump up and down (anybody?) Ok then see this article from Bankrate.com to compare 2013 rates with 2014: http://www.bankrate.com/finance/taxes/tax-brackets.aspx You may not be happy as a clam over these rates, but at least you can plan for how much tax you may owe. (Be still, my heart!) Working with your tax preparer will give you a better idea of how much of a refund you will get, or how much tax you will owe (gasp!) 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
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
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