Category Archives: Corporate Tax

Notice regarding “Compliance Services” Solicitation

Posted on September 16, 2011 by

Recently, an entity calling itself “Compliance Services” mailed solicitations entitled “Annual Minutes Requirement Statement Directors and Shareholders” to numerous Massachusetts corporations. This solicitation offers to complete corporate meeting minutes on behalf of the corporation for a fee. Despite the implications … Continue reading →

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Changing Standard Milage Rate

Posted on June 30, 2011 by

This announcement informs taxpayers that the Internal Revenue Service is modifying Notice 2010-88, 2010-51 I.R.B. 882, by revising the optional standard mileage rates for computing the deductible costs of operating an automobile for business, medical, or moving expense purposes and … Continue reading →

Posted in Accounting, Charity, Corporate Tax, Federal Tax, Payroll, Personal Tax, Small Business, Tax Credits | Tagged , , , | Leave a comment

California AG Sues Tax Lady Roni Deutch for $34M

Posted on May 24, 2011 by

Many clients ask if you can really settle your tax liabilities for “pennies on the dollar”. In some cases, when your future expected income can’t possibly pay the taxes and you have little or no assets, you can.  In most cases … Continue reading →

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Eight Things to Know If You Receive an IRS Notice

Posted on May 3, 2011 by

Each year, the Internal Revenue Service sends millions of letters and notices to taxpayers for a variety of reasons. Here are eight things to know about IRS notices – just in case one shows up in your mailbox. Don’t panic. … Continue reading →

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What Happens after I File?

Posted on April 29, 2011 by

Now that the federal income tax filing deadline is in your rear-view mirror, what happens after you file? A lot of taxpayers have post tax-filing questions such as what records do I keep and more importantly, “Where’s my Refund?” The … Continue reading →

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Payroll Tax Cut to Boost Take-Home Pay for Most Workers; New Withholding Details Now Available on IRS.gov

Posted on December 17, 2010 by

WASHINGTON ― The Internal Revenue Service today released instructions to help employers implement the 2011 cut in payroll taxes, along with new income-tax withholding tables that employers will use during 2011. Millions of workers will see their take-home pay rise … Continue reading →

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IRS Announces 2011 Standard Mileage Rates

Posted on December 3, 2010 by

The Internal Revenue Service today issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2011, the standard mileage rates for the … Continue reading →

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FTC Puts American Tax Relief Out of Business

Posted on October 8, 2010 by

 At the request of the Federal Trade Commission, a federal judge has halted the business operations of American Tax Relief, a company that heavily advertised its ability to help taxpayers who were in trouble with the IRS and allegedly bilked … Continue reading →

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Small Business Health Care Tax Credit

Posted on September 13, 2010 by

Received a Postcard from the IRS? Millions of small employers will receive postcards from the IRS beginning the week of April 19 that alert them to the new Small Business Health Care Tax Credit and encourage them to check their eligibility. Even … Continue reading →

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Eight Things to Know If You Receive an IRS Notice

Posted on September 3, 2010 by

Did you receive a notice from the IRS this year? Every year the IRS sends millions of letters and notices to taxpayers but that doesn’t mean you need to worry. Here are eight things every taxpayer should know about IRS … Continue reading →

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