THJ TAX Service

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

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