Top Posts for August 2009 -- Tax, Tax Preparation and Irs (Eight articles)

August 1st, 2009

IRS Mileage Rate

July 28th, 2009

The IRS mileage rate as of January 2009 can be used to determine how much you should be allowed to claim as a deductible expense for operating a car or vehicle for business use, for medical use or for moving purposes. Well, that means the IRS mileage for driving a car for business use is [...]

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Tags Tax, Debt Relief, Irs, Tax Relief, Tax Return, Business Tax

I’m Back with “Who is”

July 26th, 2009

            So much talk about hiring a tax professional and so much debate about who is a professional I want this out again. 

            The biggest point I want to make is that just because someone is a CPA, doesn’t automatically make them a tax professional. 

            Tax professionals are hard to find because as you may have heard, there is no accreditation from the AICPA (American Institute of Certified Public Accountants) that says “Tax Professional”.

        As a tax preparer I am often asked what is the difference between a tax attorney, an accountant/CPA, a bookkeeper, an Enrolled Agent, and a tax preparer.

A Tax Attorney is not the same as an accountant. The accountant can work with the financial issues and has [...]

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Tags Review, Tax Preparation, Logic, Opinions, Professional Services, Tax Professional, MYThoughts, Tax Preparer, Tax Return Preparation

Righteousness in Designation?

July 22nd, 2009

             A young newly wedded (three years) couple has their tax return done by “pros” as they are not among those who follow the taxing world. We will call them Pat and Jody Taxpayer. Having just started their own Business they left HeRBert (the group who prepared their returns) for what to them was perceived as a tax professional. They retained a CPA to handle some general bookkeeping and complete tax returns. 

            The CPA (Certified Public Accountant) maintained records by gaining access to Pat & Jody’s bank account using the online statements. The first tax season for this CPA came around and she completed the 2007 tax return. Another year passed, and she completed the 2008 return.

            Several months ago, the IRS notified the Taxpayers that the 2007 return was under investigation. Seven lines [...]

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Tags Online, Tax, Cpa, 2007, Return, Season, Came, Completed, Returns

CPA Marketing

July 17th, 2009

Certified Public Accountants need to market their business and thats what this video is about

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Tags Marketing, How To, Business, Market, Video, Public, Accountant, Cpa, Accountants

Supreme Court Strikes Down Alaska Oil Tanker Tax

July 13th, 2009

No state shall, without the consent of Congress, lay any duty of tonnage, keep troops, or ships of war in time of peace, enter into any agreement or compact with another state, or with a foreign power, or engage in war, unless actually invaded, or in such imminent danger as will not admit of delay.

This is the Tonnage Clause and on Monday it was the subject of a U.S. Supreme Court decision for the first time in 74 years.

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Tags Property Tax, Supreme Court, State Taxes, State Tax, Court Cases, Maritime Law, USConstitution Tax, Valdez Alaska

Market Research and Taxes and Finances

July 8th, 2009

As soon as the tax paying period approaches it is very widespread for most of us to be aware of dreaded and scared . It is quite normal for anyone to feel so as the complete process of tax filing is so complex and involves filling out never ending forms and the entire process of reading the IRS booklet. But existence is not so difficult for a fewof us.

There is present the choice of filing ones tax returns by availing the services of the 1040EZ tax form. This 1040EZ tax form is very easy as compared to the other tax forms and is simply understood by a layman. But one has to be definite to know that one be eligible for using the services of the 1040EZ tax form. The main conditions which are involved to be pleased by the individual in order to select for the 1040ez tax form include that your chargeable income cannot go beyond $50,000 and your taxable interest income, if any, must be less than $400. You should either be single, married or should be filing with a position of filing jointly. Amongst the other [...]

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Tags Process, Income, Services, Tax, Conditions, Involved, Forms, Form, Filing

Three stories about Tax Preparer that you can't do without reading!

July 4th, 2009
  • Man Arrested For Threatening Prosecutor from North Country Gazette

    MANHATTAN— A tax preparer and the president of Unitax Planners, PA, has been arrested on charges of coercion, placing a false bomb or hazardous substance, [...]

  • Tax Preparer Regulation from taxguy

    [...]            In my opinion all the talk about the regulation is just hype. Meaning, Our government, [...]

  • Hialeah Florida Tax Preparer Indicted For Preparing False Tax Returns: Still Don’t Want to Regulate Tax Preparers? from The Tax Lawyer's Blog

    According to the indictment, between 2001 and 2005 Zully M. Cordoba assisted in the preparation of more than 3,700 tax returns and more than 6,100 amended [...]

Read more...

Tags Regulation, Tax Preparation, Government, Licensing, Stalking, Courts, Tax Preparer, News Flash, Tax Preparers

Tax Relief For Military

July 3rd, 2009

Call 1-800-527-5915 for Power Tax Relief, where your IRS and State tax problems are solved! Only Power Tax Relief gives you a free 30 Second Quote to see how low you can settle IRS Debt. And with PowerTaxRelief you can settle with the IRS for less. You could reduce your IRS Tax Debt to a fraction and be tax debt free. Call Power Tax Relief now at 1-800-527-5915 or www.powertaxrelief.com

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Tags Free, Power, Tax, Debt, Irs, Tax Relief, Settle, Military, Relief

Top Posts for July 2009 -- Tax, Taxes and Irs (Twelve articles)

July 1st, 2009