by Leif Jensen | Oct 16, 2011 | General |
Last year there were some problems with this issue, and I would expect more this year as well. Unenrolled preparers can’t yet say they are “registered tax return preparers,” the designation IRS adopted for preparers who aren’t lawyers, CPAs or enrolled agents. The...
by Leif Jensen | Oct 16, 2011 | General |
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay...
by Leif Jensen | Oct 11, 2011 | General |
This holiday season there will be a new mouse on the market, the Penclic Mouse. This is a Swedish design and is now in use in Europe. It is a cross between a pen and a joystick. It moves like a pen, which makers say is more natural than rolling a regular mouse. Now...
by Leif Jensen | Oct 11, 2011 | General |
Thinks are looking up??? Private sector hiring is picking up. Things are projected to have slightly better growth ahead. It is expected businesses to add 100,000-150,000 jobs a month during 2012, then subtract 20,000 or so a month as government agencies continue to...
by Leif Jensen | Oct 10, 2011 | General |
A funny thing happened in WASHINGTON —The Internal Revenue Service announced that it is issuing proposed regulations that would require paid tax return preparers, beginning in 2012, to file a due diligence checklist, Form 8867, with any federal return claiming the...
by Leif Jensen | Oct 10, 2011 | General |
Does your business have a corporate book? Does it have updated information? Do you have at least an annual meeting? What should be in your corporate books and records? It should include the following: • Article of Incorporation • Bylaws • Minutes of first...
