IT IS MY JOB TO ENSURE THAT I KEEP UP WITH THE LATEST IN TAX ISSUES. BUT IT IS ALSO IMPORTANT THAT WE UNDERSTAND THE POLITICS BEHIND THESE TAX POLICY AND THOSE THAT SET THE RULE. SOMETIMES, THOSE RULES ARE SET VERY HIGH, THAT THOSE THAT SET IT HEIGHT CAN’T EVEN MEET IT. SO PLEASE TAKE THE TIME TO VOTE AND KNOW WHAT YOU VOTE FOR. SOMETHING TO THINK ABOUT, THIS STATEMENT BY CHIEF TWO EAGLES: “Where white man went wrong” Indian Chief , “Two eagles” was asked by a white U.S. g
DUE DATES (important reminders) CALIFORNIA’S: Gov. Jerry Brown, after 5 years of crippling deficits announced that the state is in the black. Now it is time to increase our spending, at least slowly for now! The Bush Tax Cuts are over, for the most part. However, the Majority in Congress delayed closing some of the Bush Tax cuts again, resulting in the Fiscal Cliff. The results were not what the President wanted, so a compromise was sent. Employee’s will see an increase
WINTER 2013 VOLUME XXXI, NO 1 1099 filers: I must have all information no later than January 15th, 2013 for a Timely filed form.
Mailed returns cannot be guarantee a return if not received by March 15, 2013.
EFILED: Is delayed until January 30th, 2013 (2012 taxes) due to the Fiscal Cliff. Welcome to a New Year, and the continued Administration, President Obama! For months, Politicians negotiated to find a compromise to prevent the country from going over the so called FI
In a stunning blow to the Internal Revenue Service’s efforts to regulate the tax preparation profession, a federal judge struck down the IRS’s licensing requirements for tax preparers on Friday, including testing and continuing education. Three independent tax preparers—Sabina Loving of Chicago, John Gambino of Hoboken, N.J., and Elmer Kilian of Eagle, Wisc.—joined forces with the Institute for Justice, a libertarian public interest law firm, in filing suit against the IRS
LATEST NEWS RELEASE FROM IRS 01152013 IMPORTANT DATES: DEADLINES: IN ORDER FOR THJ TAX TO COMPLETE YOUR TAXES ON TIME, PLEASE NOTE THAT WE MUST HAVE YOUR INFORMATION SENT TO US IN ORDER TO MEET THE DEADLINE (WE USE FIFO-FIRST IN, FIRST OUT METHOD) SO PLEASE BE SURE TO GATHER YOUR INFORMATION. BUT, IF YOU ARE UNABLE TO MEET THIS DEADLINE. JUST CALL US FOR AN EXTENSION. MARCH 15, 2013: MAIL TAX RETURN INFORMATION TO THJ TAX FOR INSURED TIMELY FILED RETURN.. JAN 15, 2013: 1099