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
WINTER 2012 VOLUME XXXI, NO 1 THJ TAX TIPS WILL NO LONGER BE MAILED, BUT WILL BE AVAILABLE ON THJTAX.COM AND VIA AN EMAIL LIST THAT IS BEING COMPLETED. VISIT WWW.THJTAX.COM FOR THE LATEST TAX ISSUES. Welcome to a New Year, A continued RECESSION, and the question, When will things get better? The Euro problems gaining is Europe is getting worst! Somehow it is very similar to the 1932 2nd Recession “Punch” that started us on the road to WW II. Our economy has suffered from
Important Notice: Please be extremely careful in your driving and car registration & insurance matters. State of California is broke and they are trying hard to squeeze all of us hard to collect money. Effective immediately, if you do not stop at the red light, be ready to pay $436 in fines or if you pass a school bus with flashing red signals, you will be charged $616. The state of California is going for blood, so be extra careful in driving. You cannot afford messing w
At present the IRS (as it appears after meeting with associates and actual audits) that the IRS Number One "Hit list" is the Schedule C. Therefore, I can only repeat that you keep good records (No, they do not have to be Computerized...but at least write them down and keep them in order). I am not a Bookkeeper, but will help you organize your records than will help you both understand the requirements and at the same time review your records to cut cost/expenses. First most
AB 1925 – TAX DELINQUENT LECENSEES. (I.e. MD, RN, RCP, CONTRACTORS, ETC). Authorize the FTB (franchise tax board-California) to suspend occupational and professional licenses for failure to pay tax liabilities and notify their respective licensing agencies of the suspension. State liens start at $1,000.00.
The question, How long do I need to keep checks, tax returns, etc? If you’re cheating on your taxes, save everything. If you’re honest, the IRS usually has three years to