FoxNews reports: Reggie Bush Could be Running From IRS on Gifts Allegedly Received at USC By Deidre Behar Published June 21, 2010 Good thing Reggie Bush is a fast runner, because the IRS might be chasing him for back taxes, pe nalties and interest on the estimated $300,000 worth of luxury gifts he allegedly received [...]
WASHINGTON — Two new tax benefits are now available to employers hiring workers who were previously unemployed or only working part time. These provisions are part of the Hiring Incentives to Restore Employment (HIRE) Act enacted into law today. Employers who hire unemployed workers this year (after Feb. 3, 2010 and before Jan. 1, 2011) [...]
You can deep-six most of your documents and go digital with the rest. Worried about pitching documents that they may need at some point, many people decorate a spare bedroom with boxes or large file cabinets stuffed with old bank statements, tax returns and pay stubs. (Okay, if the stash isn’t in a spare bedroom, [...]
Here are 13 changes in the massive overhaul that could impact your tax bill, for better or worse. The new health care reform law is chock-full of new taxes and tax increases that will affect many individuals and businesses, but it will be years before most of these hikes take a bite out of your [...]
Protect Yourself From an Audit You have your no. 2 pencil, a calculator and this year’s W-2. Now what? That’s the thought that crosses many self-preparers’ minds as they get ready to tackle their taxes. Veteran CPA Steve Duben says it’s a tale as old as time. “The truth of the matter is that the [...]
by Cheryl A. Morse A tax pro answers questions she hears most often and quashes some myths. During tax season I’m in contact with 10 to 20 clients a day, six days a week. The same questions have been coming up for years. To save you and your tax preparer some time and maybe quash [...]
Look for higher premiums, more wellness plans in efforts to cut costs. By Martha Lynn Craver, Associate Editor, The Kiplinger Letter Employers are taking matters into their own hands as they get ready for the 2011 benefit plan year. There’s a growing recognition that the health care bill passed by Congress on March 21 won’t [...]
The new law will mean huge changes for businesses, insurers and individuals.
The health care bill is more than two thousand pages long — with hundreds more to come from regulators filling in the details. It will literally take years before all the details are set and everyone can see how the plan will affect their particular situation. But here are 10 commonly asked questions that can be answered now.
You don’t have to be a financial genius to solve the financial crisis that surrounds all of America and is now affecting you! You just need solutions from someone who makes his living providing solutions to individuals and business. Answers are often difficult to come by when the crisis affects you or your business. But [...]
California IRS Audit News
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