by Leif Jensen | Apr 8, 2012 | General |
I love a mystery. I have a client that is using a quote from G.K. Chesterton and I asked if he liked his work., unfortunately the client liked the quote but was unfamiliar with the author of Father Brown, The Napoleon of Notting Hill and the Club of Queer Trades. But...
by Leif Jensen | Apr 8, 2012 | General |
In an ongoing search for state revenue under every rock and crackpot idea. Some now believe that they can tax cloud computing services, no matter where they’re located? Utah is the first to try this approach, so others are likely to follow. A recent tax code change...
by Leif Jensen | Apr 8, 2012 | General |
In the following case a taxpayer decided to disregard a 1099-DIV. The investor owned stock in several publicly traded Canadian companies and received the actual dividends. Although the 1099-DIV’s were received by the taxpayer from each corporation saying the payouts...
by Leif Jensen | Mar 31, 2012 | General |
Whenever I meet with clients that want to start up a business together I suggest when they are forming the partnership/operations/organization agreement that they plan the divorce along with the marriage. I always then get that look. You know the one that I am...
by Leif Jensen | Mar 31, 2012 | General |
This tax season is definitely different then those in the recent past. Everyone seems content with their financial advisors, insurance agents, bankers, attorneys and thankfully their CPA. What they are no happy with is their property taxes. There is a lot of anger...
by Leif Jensen | Mar 31, 2012 | General |
The recent reductions in the IRS’ budget are negatively impacting taxpayer service. All are experiencing longer wait times to talk to a live person on the phone, processing delays with correspondence and more time standing in line at Taxpayer Assistance Centers. Also...