Nice to know the IRS is concerned about their document and computer security. (Sure!) See this article from Accounting Today by Michael Cohn to get the details:http://www.accountingtoday.com/news/Security-Risks-Continue-Plague-IRS-Technology-64918-1.htmlIt would really be more reassuring that the tax collectors got their act together in this area. All we need is for the IRS to be hacked and have all our stuff floating unprotected in cyberspace even more than it is now! 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: Alternative minimum tax may get new patch
This tax musing reminds us of the end of the AMT patch that will put a lot more people in this odd tax pergatory, with a unique protection from the fiscal cliff tax increases. See this article from the San Francisco Chronicle by Kathleen Pender:http://www.sfgate.com/business/networth/article/Alternative-minimum-tax-may-get-new-patch-4083552.phpSo here is a tax planning strategy for next year, make sure you are in AMT (just kidding!)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: Sales and Use Tax Rate Will Increase on January 1, 2013
Well since Proposition 30 passed, at the first of the year the statewide California sales tax rate will increase .25%. This increase will stay in force for four years. To see a further breakdown of rates go to the Board of Equalization’s site through the link below:http://www.boe.ca.gov/rateincrease/Always remember, the people voted for it (not me, but I am in the minority) so you asked for it, you got 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