Hey, on the lighter side, people in the entertainment apparently have always had tax issues (Val Kilmer, Westley Snipes, Nicholas Cage to name a few in the modern era). Apparently William Shakespeare had his own tax problems. See this post by Michael Cohn in AccountingToday:http://www.accountingtoday.com/news/Brushing-Shakespeare-Taxes-66447-1.htmlLooking at this, it looks like our generation of entertainers aren’t so bad (not really, they are still bad.) Remember, 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
CPA Tax Musings: ‘Don’t Just Spend It’—Smart Moves for Your Tax Refund
If you filed on time and have gotten that big tax refund, here are some ideas on what to do with at least part of it (don’t blow the whole thing, please!) from Brett Arends in The Wall Street Journal:http://online.wsj.com/article/SB10001424127887324485004578426853759078098.htmlThe last idea he has of speculating on Italy isn’t something I would do (might as well take that money to Vegas as far as I am concerned), but there may be some other ideas your financial professional could give you.Remember, 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
CPA Tax Musings: Hire your kid, get a tax break
Hey, if your kid can do some work in your sole proprietorship or single person LLC, there are some tax savings for putting him or her on the payroll. See this posting by The Wall Street Journal in TaxWatch:http://articles.marketwatch.com/2013-04-17/finance/38597739_1_income-tax-tax-return-wagesHey I put my kid on my sole proprietorship payroll, you can too. Call or email me and we can discuss it.Remember, 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