Tax Professionals still using SIMS to help California disaster victims. GeneralSteve SimsAugust 29, 2018#ftb, #SIMS
Death in the family and you’ve been named the administrator of the estate. Are you required to file an estate tax return? GeneralSteve SimsAugust 27, 2018#taxes, #death, #estate
Gambling Income - “You got to know when to hold’em, know when to report’em, know when to walk away, know when to run”! Or else.... GeneralSteve SimsAugust 24, 2018#gambling, #income, #irs, #ftb
Considering “Bankruptcy” to eliminate individual federal income liabilities? It ain’t easy, it’s complicated! GeneralSteve SimsAugust 22, 2018#bankruptcy, #irs
Criminal Tax Evasion, doesn’t just apply to the big fish. You don’t hear about the little ones because they get swallowed whole. GeneralSteve SimsAugust 20, 2018#taxevasion, #ftb, #irs
Bartering in business....“you scratch my back I’ll scratch yours”? Probably a taxable transaction. Just sayin! GeneralSteve SimsAugust 17, 2018#barter, #bartering, #ftb, #irs
You file for your refund and the IRS says “you got yo money” or they come after you for a refund you never received... TAX IDENTITY THEFT...NO JOKE! GeneralSteve SimsAugust 15, 2018#idtheft, #irs, #ftb
So, you have a business and use the loss to reduce your wage or other income? Not so fast, it may just be a hobby....”you can’t do that....”! GeneralSteve SimsAugust 13, 2018#hobby, #irs, #ftb
The verdict is in and you received an award or settlement....Is it taxable? GeneralSteve SimsAugust 10, 2018#settlement, #irs
What you gonna do when they come for you? Understanding the Audit, Protest , and Appeal process. GeneralSteve SimsAugust 8, 2018#ftb, #audit
Are you a Native American Indian Exempt from California Income tax? Probably not, but some people are, check this out. GeneralSteve SimsAugust 6, 2018#ftb, #exempt
Impacted by “Wildfires”? Special Tax Relief may be available! Our thoughts and prayers are with you. GeneralSteve SimsAugust 2, 2018#taxrelief, #wildfires, #irs, #ftb
Does California have have unclaimed property that belongs to you? Go get your money! GeneralSteve SimsJuly 30, 2018#unclaimedproperty
U.S. Supreme Court levels the playing field! Internet retailers can be required to collect sales tax. GeneralSteve SimsJuly 27, 2018#salestax
Not filing returns for your California Non Profit Organization? Suspended? The Franchise Tax Board may shut you down! GeneralSteve SimsJuly 25, 2018#nonprofit, #ftb
Love letters (ok, common notices) you could receive as an individual from the California Franchise Tax Board GeneralSteve SimsJuly 23, 2018#notices, #ftb
Selling stuff online in California? Do you need a sellers permit? Ahhh probably.... Do most of you have one? Ahhh probably not.... If you get caught.... GeneralSteve SimsJuly 20, 2018#sellerspermit, #taxes
You can run but time is on their side. California Franchise Tax Board has 20 years to collect delinquent taxes. GeneralSteve SimsJuly 18, 2018#ftb, #debtcollection
Maintain a detailed mileage log because the Standard Mileage Rates for 2018 are Up from Rates for 2017 GeneralSteve SimsJuly 16, 2018#mileagerates, #irs
California Franchise Tax Boards’ message on “How to Handle Your (small) Business”. GeneralSteve SimsJuly 10, 2018#ftb, #smallbusiness