The Tax Preparation Blog

Posts Tagged ‘taxes’

Question: If you knowingly allow your accountant to cheat on your taxes- are you still held accountable or not?

I have heard people say that they will not be held accountable for tax fraud, if it is their accountant who is filing the fraudulent claim, ( and signing his own name as tax preparer) is this really true?

Answer: If your return has fraudulent information on it, YOU are liable unless you can prove that you had no knowledge of the fraud. Even then, the IRS will most likely hold you responsible and you would have to go after the preparer for the money.

San Jose: Tax preparer accused of defrauding clients, stealing their refunds

Anthony Vo, 40, who owned and operated Anthony s Accounting & Tax Services in San Jose, is facing 12 counts of wire fraud, 12 counts of preparing false tax returns on behalf of his clients and four counts of filing his own false individual tax returns, according to the Department of Justice.

Woman Says She Was Scammed By Tax Preparer

Top Ships Reports Fourth Quarter and Fiscal Year 2010 Financial Results

ATHENS, Greece — TOP Ships Inc. today announced its financial results for the fourth quarter and the fiscal year ended December 31, 2010.

federal income tax tables

Question: some accounting question?

hey guys… need some help with an assignment…

Because of its complexity and susceptibility to errors, which step in the process do independent auditors (CPAs) examine most closely?

A) financial statement preparation

B) tax reports

C) deferred and accrued adjustments

D) closing entries

Answer: B) tax reports
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Tax reports for companies are very complex and the tax laws change every year, so that’s where a lot of errors can potentially be made.

Intuit Glitch Leads to Mistaken Mega-tax Refunds

Most U.S. residents would be happy to get a few thousand dollars back from the Internal Revenue Service at tax time. But a snafu in some Intuit software recently…

Personal Taxes English.wmv

As Tax Day Approaches, More Seek Accountants Online

The month of April begins tomorrow and for businesses and individuals in the United States, that means there’s only two more weeks until the deadline for filing your federal tax returns. As the deadline approaches, a growing number of businesses are turning to the Web to not only do their filing, but also to find accountants. The demand for online accountants has risen by 90% over last year …

Micah and Marc-Mihai answer questions.

Question: Where can I find a list of property tax rate in Southern California?

There has to be an easier way than to call every city/county. I’m mainly interested in cities in L.A. county, San Bernardino county, Riverside county, and Orange county.

Answer: Try this web site first: http://www.retirementliving.com/RLstate1.html

You will need to scroll down about 1/4 of the page to California.

You can also search Yahoo or Google for the specific counties you mentioned. I know OC and Riverside county have their own pages.

Property Tax Revenues Falling

Cities and counties struggled during the recession. The recovery may be even worse. Local governments are just starting to feel the full brunt of the real-estate bust. Sales tax revenues fell in step with consumer spending during the recession — and are bouncing back now.

Informational Video on Sales and Use Tax Rate Increases on April 1, 2009