by Leif Jensen | Nov 14, 2018 | General |
The IRS’s foreign account reporting rules survived the latest legal challenge. In 2015, Sen. Rand Paul (R-KY) and several other individuals filed a lawsuit alleging that both the Foreign Account Tax Compliance Act and the reporting mandate that it imposed on U.S....
by Leif Jensen | Nov 13, 2018 | General |
I have peers that in their desire to be more efficient have streamlined their processes so much that there is no longer any contact with the client on a face to face basis. All of it is electronically done. The clients have either granted access to their data or...
by Leif Jensen | Nov 12, 2018 | General |
5G is very fast; apparently 100 times faster than 4G, and 10 times faster than our average broadband connection. This should enable the next wave of technological and societal advancements that destined to transform our economy: Autonomous vehicles, smart factories...
by Leif Jensen | Nov 7, 2018 | General |
Because of the Tax Cuts and Jobs Act (TCJA), it is believed that more taxpayers will be embolden up to 90% of taxpayers, by some estimates—to prepare their own tax returns for 2018. With the simplification of the Form 1040, it is believed that more people will use the...
by Leif Jensen | Nov 6, 2018 | General |
With less than two months of the year remaining, now is the time to look towards the year end for tax issues and year end planning. First businesses should be making sure that they have valid up to date W-9’s for all of the Independent Contractors that they utilize. ...
