If you didn’t file by April 15, don’t panic! The IRS is not going to take you away to prison. Here are some tips from them about what to do if you didn’t file or get an extension to file: http://content.govdelivery.com/accounts/USIRS/bulletins/b16d5e?reqfrom=share If you are getting a refund, there will be no late filing penalty. If you owe, there may be penalties, so get it done and paid as soon as you can. The IRS has free options for filing a simple return with low income, or you can prepare with TurboTax or use a preparer to get things finished. 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: 10 Questions to Ask When Working With an Accountant
Here is a list of things to discuss with a prospective new accountant (or even your old one!) More details in this article in Entrepeneur by Kim Lachance Shandrow: http://www.entrepreneur.com/article/232841# Not taking advantage of a paid professional is just as bad as not having a paid professional – in both cases something is lacking in the relationship! It is a resource that used correctly can add to your business bottom line, whether it is business planning, tax planning or even a general question – answer discussion. 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 CPA in Burbank: Ten Facts about Amended Tax Returns
The IRS has put together a group of tips on filing amended income tax returns. You can see these at the following link: http://content.govdelivery.com/accounts/USIRS/bulletins/af2b51?reqfrom=share One of the most important items is the first item – you have to paper file amended tax returns (no efiling!), so it is going to take a while for these returns to be processed. You are going to need to be a little patient, so don’t check the IRS website every day to see how it is coming along. Give it some time. 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