Posts Tagged ‘congress’
What did the IRS get from the 1.3 trillion Omnibus Bill?
What IRS got from the new spending bill
Read MoreTax Reform progress – Part II
It seems that, much like the Atlanta weather, if you don’t like today’s tax law -just hang on and it’ll be different next week.
Read MoreTax Reform progress – as of today
It seems that, much like the Atlanta weather, if you don’t like today’s tax law -just hang on and it’ll be different next week.
Read MoreIRS Funding under fire
The IRS was in damage control mode Tuesday after an audit revealed that it paid bonuses to employees who were in trouble over tax issues themselves.
Read MoreWhat Congress doesn’t know . . .
. . . and can’t seem to figure out!
Read MoreBefore we get serious about 2013 . . .
With new changes coming on the home office deduction, reporting of savings accounts, how IRS has managed the new preparer requirements etc, perhaps we should have a quick bit of fun. There’s a lot of swearing in (and swearing at as well) of members of Congress and the President this month. Nothing strikes closer to…
Read MoreIRS releases revised E-File date
You may remember our post a few weeks ago where the IRS predicted that the fiscal cliff may cause filing delays until the end of March for complex returns. Due to a semi-solution by Congress, we now have IRS confirmation that January 30 is approved as the first day for E-Filing. Advanced returns will still be…
Read MoreA Cliff Notes Summary of the Fiscal Cliff Law
We’ve reviewed the 157 page sorry excuse for a err I mean problem-solving bill Congress passed last night. Sorry that it is (raises taxes, but no spending cuts to speak of), we at least have an idea of what’s coming in 2013. Here are the main (but not all) areas that will effect your return…
Read MoreIf we did Financial Statements like the White House and Congress . . .
We would simply overstate your net income by 384%! Not surprisingly, the White House and Congress speak of the yearly deficit in amounts of 1.3 trillion. However, if we use the same accounting rules that your business and my business are required to follow, the numbers change to roughly 5 trillion. Most financial…
Read MoreCongressional Calculator only $9.99!
One of our clients is offering these retrofitted calculators. If you’ve followed the current budget -you’ll know why. Since the cash for clunker law was a disaster, maybe we could have calculators for Congress!
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