In Accounting Today they printed a list of the most common taxpayer mistakes for this tax season:http://www.accountingtoday.com/gallery/irs-top-tax-mistakes-2012-63845-1.html?ET=webcpa:e6019:204199a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_083012I think the biggest mistake was in not having a trained tax professional with professional tax software preparing their tax returns! Call me or email me and we can discuss how to avoid the mistakes on this list. 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: No free lunch at Amazon!
Like I told you a few days ago, on September 15 Amazon starts collecting California sales tax. But before you fire up your Amazon online account and buy everything before that so you don’t have to pay sales tax, just remember you still have to pay ‘use tax’ on all those out of state purchases, just on your California Income Tax Return! This editorial from The Los Angeles Times gives you more details:http://www.latimes.com/news/opinion/editorials/la-ed-amazon-california-tax-20120907,0,6623746.storySo make sure you pay your Use Tax next year on everything you saved Sales Tax on!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
California to target Web retailers for sales taxes
My tax musings today discuss sales taxes. Remember that starting September 15, 2012 Amazon will start collecting sales taxes in California. Here is an article by Marc Lifsher, Andrea Chang and Ricardo Lopez in the Los Angeles Times talking about other online retailers’ war with the state:http://www.latimes.com/business/la-fi-0831-internet-taxes-crackdown-20120831,0,2137447.storyLooks like we won’t have to claim as much use tax on our state income tax returns now (ha ha).Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035