by Leif Jensen | Apr 15, 2012 | General |
Due to the decrease in resources and the possibility of even greater decreases the IRS is shifting its audit focus for businesses. The IRS plans to utilize less resources for the large major corporations (assets $250 million plus), it appears that they these companies...
by Leif Jensen | Apr 15, 2012 | General |
An exempt group’s volunteer board chairman is personally liable for the companies unpaid payroll taxes, according to a district court rules. Even though he did not have the power to write checks, have active management nor did he handle personnel matters. His crime...
by Leif Jensen | Apr 10, 2012 | General |
The capital-gains levy is an elective tax on owners of stock and other financial assets. Investors have the ability to control when they pay the tax by when they sell their assets. They can hold unrealized gains until the need is too great or when the tax rate is at...
by Leif Jensen | Apr 9, 2012 | General |
Now in this case I am definitely an outsider looking in, so I can only speculate on some of the facts. But in any case it is an intriguing idea and possibly maybe even borderline criminal. It starts with a Board of Directors (BOD) for a Not-for-Profit (NFP). As with...
by Leif Jensen | Apr 9, 2012 | General |
It is always refreshing when a client not only listens to me, but is able to profit from it as well. I just met with a client this weekend that has been dabbling with a side business. This last year he made decent revenue and outsourced the projects and kept the...
