Well I mentioned the other day the IRS would probably delay accepting returns for a while. They have now set the date. See this article in Accounting Today by Michael Cohn for more:http://www.accountingtoday.com/news/IRS-Delays-Tax-Season-End-January-65284-1.html?ET=webcpa:e6544:204199a:&st=emailNo offense intended, but how many of my clients really have their stuff together to file by the end of January anyway?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: Dealing with Smaller Take-Home Pay after Fiscal Cliff
As I said the other day, with the expiration of the 2% payroll tax cut and other tax increases, both the rich and the not so rich will see higher taxes in 2013. What to do, what to do? Well, see this article by Michael Cohn in Accounting Today that in effect says, spend less if you have to pay more in taxes:http://www.accountingtoday.com/debits_credits/Dealing-Smaller-Take-Home-Pay-Fiscal-Cliff-65234-1.htmlGee, what a novel idea, spending less. 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: Fiscal Cliff Law May Delay Tax Season
As a result of the fiscal cliff legislation being passed so late, some 2012 items were still in limbo and will take time for some IRS and state tax forms to be reworked, resulting in tax season starting much later than usual for many. Filings may be delayed at couple of weeks at least for the normal early filers. See this article in Accounting Today by Michael Cohn:http://www.accountingtoday.com/news/Fiscal-Cliff-Law-Delay-Tax-Season-Liberty-Warns-65261-1.html?ET=webcpa:e6537:204199a:&st=emailI will try to file returns as quickly as possible, but please expect some delays. Call or email me with questions.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