With the ever-increasing complexity of our tax system, it is commonplace for many small businesses to make common bookkeeping mistakes. One way to avoid making errors is to be aware of the most [...]
The California Franchise Tax Board updates their “Top 500 Delinquent Taxpayers” list every April and October. Hopefully, you are not on the list! The current list is comprised of [...]
If you’re thinking about not filing your taxes by April 15 because you can’t pay what you owe right now, think again! If you delay filing your tax return and you owe money, you will [...]
Higher income taxpayers are in for a real shock on their 2013 tax bill this year! Higher tax rates, new net investment income tax, additional payroll and self-employment taxes, the phase-out of [...]
An IRS notice will probably increase your heart rate a little. Don’t panic; many of these letters can be dealt with simply and painlessly, but you should call Bressler & Company immediately. [...]
When the IRS requests accounting software files in association with audits of small businesses, Bressler & Company can help! This is one area where we can leverage our broad accounting [...]
If you converted your traditional IRA to a Roth IRA in 2012 and paid (or will pay) the tax on the conversion and then watched the value of the account decrease due to an unexpected poor [...]
What should you do when you receive a letter from the Internal Revenue Service or a state or local tax authority about a tax question or problem? Panic may be the answer that first comes to mind, [...]