New Client

We just signed a new client.  They were a referral from our banker.  Apparently they were given two names and numbers, but the other CPA, could not even give the prospect the curtesy of a return call to let them know that they are not taking on new clients.  They were...

OIC

Those ads that claim you can pay the IRS pennies on the dollars are not really true.  But that should be no surprise to most.   The advertised Fresh Start program from the IRS has three components; it addresses tax liens, installment agreements and finally OIC....

Dirty Dozen

The Dirty Dozen represents the worst of the worst tax scams. Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers may encounter anytime but many of these schemes peak during filing season as people prepare their returns or hire someone...

Schedule A not C

In a recent court case, it was confirmed that legal fees paid in a job-related lawsuit are not deductible business expenses. After a bank executive was fired, the bank filed suit against her to recover a bonus it had paid her earlier in the year.   She then...

Pin It on Pinterest