Well, back from vacation in Laughlin, Nevada. How did I do in the casinos; don’t ask!People who have their identity stolen know about the credit issues, but what about potential tax issues? What if someone steals your identity then files fake tax returns using your information to get big refunds? You not only have to clean things up but deal with federal and state government agencies. What a mess! In an article in Accountants Today, Roger Russell goes over some of the problems:http://www.accountingtoday.com/news/identity-theft-taxes-fraud-irs-tigta-taxprotoday-63003-1.html?ET=webcpa:e2631:204199a:&st=emailJust another bad consequence of a horrible crime!Remember, You can count on us to count for you!
The IRS Low Income Free Service Prepares Taxes for The Rich!
I just saw an article in Accoujnting Today by Michael Cohn that says that the IRS VITA free tax preparation service which has an income limit of under $50,000 has been preparing free returns for taxpayers making up to twice that much. So that’s how some of these guys made their money; free tax preparation! Here is the article:http://www.accountingtoday.com/news/vita-vounteer-income-tax-preparers-tigta-irs-62997-1.html?ET=webcpa:e2609:204199a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_061512Anyway, if you have tax preparation questions ( and no, I woun’t prepare your return for free!) give me a call at 818-317-6035 or email me at bstonercpa@sbcglobal.net Remember, You can count on us to count for you!
Well the New California Budget is In – Not So Hot!
On Friday an article by Dan Walters in The Sacramento Bee said he thought the budget was a stinker – Today he is sure of it! Here is his article, also in The Sac Bee:http://www.sacbee.com/2012/06/15/4563707/dan-walters-new-california-budget.htmlHey at least politicians are consistant, right?Remember, You can count on us to count for you!