Archive for February, 2009
Tax Accountants San Francisco
February 17th, 2009
Question: Looking for CPA recommendations in the San Francisco Bay Area?
I am looking for a good CPA in the San Francisco Bay Area, California with experience in gift tax, NRO accounts as well laws in India and USA. Anyone who has experience with such accountants, please send me the CPA contact info.
Answer: Have you checked out the Calif. CPA website? Usually CPA’s list their areas of specialization.
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1977 California Tax Conference, September 19, 1977–Los Angeles, September 20, 1977–San Francisco. … |
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1976 Tax Reform Act Conference. … |
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California Income and Franchise Tax Conference. … |
Tax hang-ups? IRS seeks to answer 71% of calls
The National Taxpayer Advocate, an independent ombudsman within the Internal Revenue Service, said the agency’s “declining ability to answer telephone calls” is the most serious problem facing taxpayers this year. The IRS’ goal for fiscal 2010 is to answer 71… Internal Revenue Service – Tax – Office of the Taxpayer Advocate – Telephone – United States
Jerry Newman – San Francisco CPA
California Tax Attorneys
February 16th, 2009
Question: Can someone recommend a good tax attorney in the Bay Area of California?
The IRS says my friend owes a large chunk of money from 1991 (including interest and penalties). He isn’t so sure. Thanks in advance for your help everyone!
Answer: This is not a tax attorney kind of issue. At least not yet. You need to know what the problem is before you start working on the solution. Finding out why there is a balance due then dealing with whether to pay it (because it is due) or show that it is not due or document the fact that you are unable to pay is what should be done first.
I am an enrolled agent, a tax specialist licensed by the US Treasury Department to represent taxpayers (along with attorneys and CPAs) and specialize in clients who have substantial outstanding tax liabilities or long periods of failing to file returns. I’m close to the bay area. If you would like some additional information outside this forum, you can send me email through my profile.
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Estate and Trust Administration For Dummies $10.19 Executing an estate or a trust fund is a big responsibility. Estate & Trust Administration For Dummies contains advice for handling estates and trusts of any size. It offers solid pointers on reading and interpreting a will and other documents, and helping heirs avoid paying too much (or too little). It also shows you how to take care of a loved one’s estate in the event that a will or trust was … |
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Lawyers are Liars: The Truth About Protecting Our Assets $1.34 Learn how to protect your assets and your business the right way. Are all Lawyers Liars? Of course not! But some lawyers are, and others who are not lawyers use that charge to sell the unsuspecting public asset protection structures or strategies that are outright lies. Until now, no other professional has been willing to call out the frauds and cheats in this powerful industry where self-professe… |
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Tax Savvy for Small Business $24.90 The essential taxstrategy book for entrepreneurs who call themselves “boss.”Named a “Best Tax Book” by Entrepreneur magazine. Develop the best tax plan for your small business, learn the ins and outs of the tax code and create comprehensive strategies to get back the most from the IRS. Understanding the tax system is vital to the health of every small business. Virtually every decision a business … |
Yeager’s lawsuit is the wrong stuff
Gen. ‘Chuck’ Yeager is mad as hell. So mad at having “his valuable publicity rights … misappropriated” by Virgin America Inc. that he’s suing the Bay Area airline for an untold amount of damages, and wants a jury trial to boot. According to a lawsuit filed… Virgin America – Jury trial – Lawsuit – United States – California
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State Of California Tax Amnesty
February 16th, 2009
Question: Did the ’97annual $800 CA Franchise Tax Board tax apply to all enitities or just to registered w/Sec. of State
State of California claims that we owe $800 (Now $1983.58 with added int. and penalties) from 1997. Our enitity was not registerd with the CA Secretary of State during the 1997 tax year. Does the $800 annual tax apply only to registered entities, or to all entities?
State filed a lien against our Real Estate. State never answered our two 2005 replies to their Amnesty program.
WW2 Vet way below the poverty level. Will write/fax the State and see what settlement they will accept.
I only have a few hundred dollars and was going to use to buy suplements.An individual in the State was waiting for my further
explanation but my restricted heart arteries and a minor stroke prevented me from answering.Thanks for any help you can offer,
theoldfarmer
Answer: I’m not an expert, but I did discuss the $800 minimum tax with an expert recently. It’s my understanding that the tax applies to anyone doing business in the state, whether registered or not.
Cuts are focus as lawmakers return
ATLANTA – During its upcoming 40 work days, the General Assembly will be dominated by a debate over what government services to eliminate or cut back as lawmakers grapple with a budget deficit caused by lagging tax collections.
PBS Interviews FIRE Coalition on SendTheTaxMan.com
Professional Tax Meaning
February 16th, 2009
Question: I need tax help! I have been working at my company for three years…
And I am moving to another state. They have asked me to become a consultant for them. I realize this means that I will have to set aside the money to pay my own taxes, as I have been told I will be issued a 1099 at the end of the year.
I will be living in RI, do I need a business lisence to do this? Do I need to register as a company in my own right? I will not be providing consultation for any other companies, and will be working for this company 40 hours per week.
I need some direction in a big way! Should I just go to a tax professional in RI and throw myself at their mercy? Anyone with some knowledge would be most appreciated.
Answer: This can be complicated.
First, have you been treated as an employee and received a W-2 for the past three years? If so, I think your employer is pushing the envelope with now treating you as a self employed consultant. Regardless……You may have to register your business in the locality where you work. I am fairly sure that the State does not require that you register if you are conducting business as a sole proprietor. You can probably go to the state website to find that out.
Finally, you should seek the help of a tax professional in RI.
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It won’t work usually means I don’t know: well-meaning tax professionals, myself included, don’t necessarily know everything. It’s important to … TAXES): An article from: Products Finishing $9.95 This digital document is an article from Products Finishing, published by Gardner Publications, Inc. on December 1, 2009. The length of the article is 730 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: “It won’t work” usually mean… |
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It won’t work usually means I don’t know: well-meaning tax professionals, myself included, don’t necessarily know everything when it comes to the … TAXES): An article from: Modern Machine Shop $9.95 This digital document is an article from Modern Machine Shop, published by Gardner Publications, Inc. on December 1, 2009. The length of the article is 858 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: “It won’t work” usually mea… |
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Experience + Education + Examination … The Meaning of Professional Certification.: An article from: The National Public Accountant $5.95 This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on July 1, 2001. The length of the article is 841 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web brows… |
Headway Clubhouse in St. Charles helps people with mental illness and addiction
Many St. Charles residents have passed the historic brick house at 322 McDonough St. and likely wondered about its architecture or 160-year history. But the real story of Headway Clubhouse is not its building. It’s the people who make up its membership.
G$ RANTING AND RAVING
Posted in Tax Professionals | 
Tags: education, learning, reference, taxonomy, web2.0 | 
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Income Tax Monthly Calculator
February 15th, 2009
Question: First time home buyer: how to get interest payments back monthly instead of once a year?
Hello:
Just about to buy my first home which is very exciting!
Since I’ll be be paying close to $3,000 in interest/$1,000 in real estate taxes a month and I would like to keep my monthly income as high as possible I would like to tweak the W-4 withholding allowance so less taxes are being withheld. There are a number of calculators on the internet, but none of them seem to be applicable specially for mortgage interest (and real estate taxes).How can I go about this?
Thanks!
Answer: see your personal director where you work and fill out a new W-4 withholding form. There is a worksheet to help you figure out how much to withhold.
If I remember, each one is worth $25 less withheld and you can claim up to 99. However, remember, if you underestimate your tax withholding, the IRS can fine you.
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Investment Performance Measurement (Frank J. Fabozzi Series) $72.45 Many investment books include a chapter or two on investment performance measurement or focus on a single aspect, but only one book addresses the breadth of the field. Investment Performance Measurement is a comprehensive guide that covers the subjects of performance and risk calculation, attribution, presentation, and interpretation. This information-packed book covers a wide range of related top… |
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The New Reverse Mortgage Formula: How to Convert Home Equity into Tax-Free Income $4.18 The New Reverse Mortgage Formula explains reverse mortgages in easy language so seniors and their family members can fully understand and benefit from these useful loan products. Reverse loans allow seniors to convert part of their home equity into tax-free income, letting seniors easily borrow against the value of their home without selling it. Safer than ever, today’s reverse mortgages are non… |
3 Ways to Shed Credit Card Debt in Old Age
There are few options for lowering credit card debt on a fixed income, but these might help.