Well, it looks more likely Congress will be eventually passing a bill to allow taxing of online sales. See this article in AccountingToday by Roger Russell:http://www.accountingtoday.com/news/Fair-Meddling-Taxing-Online-Sales-66502-1.htmlOur state of California has already pretty much done this, so not much effect here, but people will be paying more across the country, although based on use tax law in most states, they owe it 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: IRS Tells Congress Tax Season Ran Smoothly after a Bumpy Start
Well, the IRS thinks tax season ran smoothly (tax preparers mostly have another story). See this article in AccountingToday by Michael Cohn:http://www.accountingtoday.com/news/IRS-Tells-Congress-Tax-Season-Ran-Smoothly-Bumpy-Start-66506-1.html?ET=webcpa:e7012:204199a:&st=emailMost preparers I know talk about work flow backups and additional extensions this tax season. I am glad it went so well for the IRS.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: Brushing up Shakespeare’s Taxes
Hey, on the lighter side, people in the entertainment apparently have always had tax issues (Val Kilmer, Westley Snipes, Nicholas Cage to name a few in the modern era). Apparently William Shakespeare had his own tax problems. See this post by Michael Cohn in AccountingToday:http://www.accountingtoday.com/news/Brushing-Shakespeare-Taxes-66447-1.htmlLooking at this, it looks like our generation of entertainers aren’t so bad (not really, they are still bad.) 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