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Too distracting

I have a client who had an employee leave because they thought the office was too distracting. This is a creative company who has movies or music playing constantly in the background.  While apparently finding this too distracting the employee apparently ignored this...

Box People

This year we were hired to prepare the final return for an investment club.  Once hired for the investment club return,  we were asked by a couple members to prepare their individual returns, we offered to do any members personal return for our minimum fee. There were...

The problem with Kickstarter.

In 2014 when Oculus VR was sold to Facebook for $2 billion, some asked: What if the people who backed the virtual-reality startup two years earlier on the crowdfunding site Kickstarter had received shares instead of T-shirts or VR headsets? The answer to the question...

$100 Bill

“The Fed has long known most of the $100 bills aren’t in America. It doesn’t take great insight to realize they are being used to finance illicit activities,” Alan Blinder, Princeton University economist and a former vice chairman of the Federal Reserve, said in an...

Employment taxes

It has been deemed that IRS agents cannot proceed with a levy that creates economic hardship.  But this rule does not apply to levies against corporations, according to the the Tax Court.   After a corporation that ran a nursing home did not pay its quarterly...

Employer taxes

A firm that runs a limousine transportation business recently received bad news from IRS. It found out that it was liable for payroll taxes that were not paid by an employee leasing company.   The taxpayer leased its workforce from the leasing company and...

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