NEWS & UPDATES

May 27, 2011

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 th...

April 9, 2011

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,...

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