The IRS began accepting 2016 tax returns on Jan. 23, and the fear of being audited is on the minds of many Americans. A tax audit is unlikely, as fewer than 1% of tax returns are audited each year, but there are some factors that could make your tax return more likely to attract the…
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WASHINGTON — The IRS announced today the release of an updated Form 990-EZ, Short Form Return of Organization Exempt From Income Tax, that will help tax-exempt organizations avoid common mistakes when filing their annual return. The updated Form 990-EZ includes 29 “help” icons describing key information needed to complete many of the fields within the form.…
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The reaction from major American companies to President Trump’s order on Friday restricting entry to the United States by citizens of seven predominantly Muslim nations and all refugees has ranged from silence to outrage. Which company took which position? In large part, it depends on the industry. Tech: The Voice of the Opposition In my…
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Be Wary of IRS Tax Scams It’s 2017 and tax season is upon us again. Scammers are out in force trying to steal your information. Here are a few tips to keep yourself safe this year. The IRS will never: • Initiate contact by email, text message, or any form of social media (Twitter, Snapchat,…
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WASHINGTON ― The Internal Revenue Service today reminds employers that the due date for filing Forms W-2, the Wage and Tax Statement for their employees for calendar year 2016, is now Jan, 31, 2017. Also, those who hire contract workers and have to file Form 1099-MISC now must file by Jan. 31. Employers must file…
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As the tech world continues its strong opposition to the executive order that has restricted entry to the U.S. from seven predominantly Muslim countries, it appears the Trump administration is gearing up for chapter two. According to a report in Bloomberg today, the Trump administration has drafted another immigration executive order, this one aimed at overhauling work visas such…
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Recently, I heard from someone I’ll call Flavia. She experienced an IRS audit and asked for my advice on what to do or what not to do after an examination ends. Question: An IRS examiner just finished an audit of my tax return for 2013. The revenue agent closely questioned the charitable contributions and medical…
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Some people ask ‘1099 or W-2?’ as if they were asking how you take your coffee. With all the tax forms coming these days, it’s good to remember the difference. Form W-2 is for employees, and includes details about tax withholding, remittance to the IRS and state taxing authorities. In contrast, Form 1099 reports payments…
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LOS ÁNGELES, California.- El movimiento ‘CalExit’ para constituir a California como una nación separada de Estados Unidos y que cobró fuerza a partir del triunfo del presidente Donald Trump, recibió la venia del gobierno estatal para recolectar firmas con el fin de someter dicha propuesta ante los votantes. Alex Padilla, titular de la Secretaría de…
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The California State Legislature is now considering two bills that would build a database firewall to block the flow of personal information from state and local government to federal efforts to deport immigrants and register people based on their religion, ethnicity, or national origin. EFF supports both bills because they would prevent abuse of law…
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