Another tax musing on preparer fraud (this gets so tiring!) A California tax preparer preparing false tax returns and getting tons of refund money from the IRS. See this article by Michael Cohn in Account Today with the scoop:http://www.accountingtoday.com/news/California-Tax-Preparer-Sentenced-64350-1.html?ET=webcpa:e6207:204199a:&st=emailThis just goes to show you need a preparer you can trust. There are so many out there doing the craziest things and people actually pay them for this kind of stuff! 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: Tax deduction for mortgage interest could be targeted
Well it looks like the mortgage tax deduction may have a target on its back during tax reform. See this article in The Mercury News by Pete Carey:http://www.mercurynews.com/ci_21761205/Now for all the talk, getting rid of the deduction would definitely not be popular, which means the chances of it going away become smaller. Stayed tuned for the next exciting episode! 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: Why Your Kids Need a Roth IRA
This tax musing discusses something great for your kids: a Roth IRA. As discussed in this article by Bill Bischoff in Smart Money, your kids will thank you in the future, and you will thank yourself for helping secure your kids’ future. See the article below:http://www.smartmoney.com/taxes/income/why-your-kids-need-a-roth-ira-1350410924321/In additional to getting them a retirement stash, it will be tax free if withdrawn after 59 1/2! 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