Taxes

Analysis for Managers: Financial Ratios

Posted on May 31, 2017 in Setting up a Small Business, Small Business, Small Business Tips and Tricks Series, Taxes | Comments Off on Analysis for Managers: Financial Ratios

Analysis for Managers: Financial Ratios   If I were to tell you that someone weighs 75 lbs, you might say that he/she is a very light person. But what if I told you that person was a one-year-old? You would probably either fall off your chair, drop you phone on the ground or just flat out think I was bluffing. And what if I told you that a certain company made a $1 million profit last year? Sounds like a big number, right? Does it change your perspective if I tell you that this company did $100 billion in sales last year? That’s only a 0.1% profit margin. Pretty slim in all reality. The...

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Not Filing Taxes Could Get You in Trouble with IRS says Gary Quackenbush Tax Expert

Posted on Apr 6, 2017 in San Diego Lawyer, Small Business, Tax Season, Taxes, Tips for Entrepreneurs | Comments Off on Not Filing Taxes Could Get You in Trouble with IRS says Gary Quackenbush Tax Expert

Gary Quackenbush on NBC TV with Consumer Bob CONSUMER BOB HELPS TO SAVE YOU MONEY AND TIME Not Filing Taxes Could Get You in Trouble with IRS Here is the link to a TV show Gary was on with Consumer Bob. The question was whether the IRS would catch up to you if you did not file a tax return. The answer may surprise you. LINK – Quackenbush on TV with Consumer Bob – Late Filed Taxes – 2 minute video...

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IRS Telephone Scams Again

Posted on Sep 5, 2016 in San Diego Lawyer, Taxes | Comments Off on IRS Telephone Scams Again

IRS Telephone Scams Again The IRS recently warned, again, of phone based tax scams happening to consumers across the country. They said current IRS telephone scams scammers are specifically targeting students. People should be on the lookout for IRS impersonators calling students and demanding that they wire money immediately to pay a fake “federal student tax.” If the person does not comply, the scammer becomes aggressive and threatens to report the student to the police to be arrested. Real life IRS Telephone Scam Experience Gary’s son-in-law, Clint, was a victim of one of these...

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Tax Scams Continue, Beware

Posted on Mar 23, 2016 in San Diego Lawyer, Tax Season, Taxes | Comments Off on Tax Scams Continue, Beware

Tax Scams Continue, Beware Last week the IRS issued yet another warning that tax scams continue as this tax season draws to a close. In the March 14 IRS Newswire report, the IRS warned about a new scam tactic used by criminals to get sensitive, financial and personal information from unsuspecting victims. Earlier this year we posted about tax scams involving fake charities and identity theft. We posted in 2015 about phishing scams, where con artists use fake emails or set up fake websites in an attempt to get your information. Similar scams continue and now may involve criminals pretending...

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How can I get a copy of someone’s California Will?

Posted on Mar 22, 2016 in Estate Planning, San Diego Lawyer, Taxes | Comments Off on How can I get a copy of someone’s California Will?

On Tuesday’s Word On Wealth radio show, www.KPRZ.com, I answered the following questions: Q: How can I get a copy of someone’s California Will? A: Wills are required to be filed 30 days after the death of the Testator (the person who made and signed the will). The Will gets filed in the courthouse where the person lived. If there is no Will filed with the court and you think the decedent had a Will, you will need to do some investigating with the family to see if it can be found. To transfer assets valued over $150,000 or any real property valued over $50,000, there will need to...

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What You Should Know about the Child Tax Credit

Posted on Feb 26, 2016 in San Diego Lawyer, Tax Season, Taxes | Comments Off on What You Should Know about the Child Tax Credit

What You Should Know about the Child Tax Credit While many aspects of tax filing, and tax season in general, are a big drag, there is one aspect of tax filing that many look forward to- their refund. For the most part, refund money isn’t “free money” from the government, its money you overpaid during the year but even so, getting some dollars back in your bank account is never a bad thing. For parents of minor children, the Child Tax Credit is often to thank for taking at least a little off the top of your tax bill and, hopefully, adding a bit more to your refund. The Child...

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