There have apparently been charity tax fraud in both Massachusetts and Texas. See this post in AccountingToday by Michael Cohn for the scoop:http://www.accountingtoday.com/news/IRS-Warns-Boston-Texas-Charity-Scams-66423-1.html?ET=webcpa:e6989:204199a:&st=emailMake sure you are not taken in by these schemes. Know who you are donating to and double check everything so you are not taken advantage of!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: IRS and States Swamped by Last-Minute Tax Filings
Apparently last minute filings on April 15 have overwhelmed the IRS and its ability to acknowledge the return filings (what a shame!) See this article in AccountingToday by Michael Cohn for some more details:http://www.accountingtoday.com/news/IRS-States-Swamped-Last-Minute-Tax-Filings-66382-1.html?ET=webcpa:e6964:204199a:&st=emailThis also affects a lot of state returns that piggyback on the federal efiles, so hopefully this will resolve itself soon. 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: What People Think About Taxes
A new public opinion poll confirms what everyone would normally think – overall people think taxes are too high – put it has an interesting twist. See this posting by Bruce Bartlett in The New York Times:http://economix.blogs.nytimes.com/2013/04/16/what-people-think-about-taxes/So, what do you think?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