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
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
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
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
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, Call us for an extension. #1099 #2012 #ccorporation #deadline #duedates #important #incometax #partnerships #remindersw #scorporation #tax #taxreturn #THJTAX #thomas #w2
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
Volume XXX, No. 1 Welcome to a New Year, A continued RECESSION, and the question, “When will things get better?” Probably not for at least 3 years. Our economy has suffered from the Housing crisis, decreased production (We make nothing), Banking issues. Now, a big crisis is looming in the Education Loans. Deflation, Stagflation. We all might want to look at Japan’s Economy for the last 10 years, and how it has changed living within those borders. Many regulations