Ronald Castor

July 14, 2016

Taxes

IRS Scams*

Ronald Castor

July 14, 2016

Taxes

The Internal Revenue Service has issued several warnings about scamming tactics targeted toward taxpayers. Beware of phone, email, text, and social media attempts to obtain your sensitive data.

Ronald Castor

January 24, 2016

Taxes

Standard Mileage Rates Will Fall in 2016*

Ronald Castor

January 24, 2016

Taxes

For 2016, the IRS has announced a decrease in the optional standard mileage rates for business use of a vehicle (car, van, pick-up truck, or panel truck), as well as a decrease for driving for medical or moving purposes.

Ronald Castor

December 1, 2015

Accounting

S Corporations: A Brief Overview of Reasonable Compensation (RC) and IRS Implications

Ronald Castor

December 1, 2015

Accounting

When it comes to reasonable compensation, documentation is a key factor in mitigating IRS penalty risks for S Corporations.

Ronald Castor

December 1, 2015

Taxes

Amended Returns

Ronald Castor

December 1, 2015

Taxes

Due to recent Kansas tax law changes, taxpayers that have paid Kansas City, MO earnings tax or earning taxes to districts outside of Kansas, may be eligible for a refund.

A possible refund? Did someone say refund? That’s great news – what are the details?

Ronald Castor

December 1, 2015

Taxes

Tax Abatement

Ronald Castor

December 1, 2015

Taxes

Although not widely publicized, taxpayers should know that they may be eligible for a one-time penalty amnesty (first time penalty abatement or FTA) – which can translate to a potential savings of hundreds or even thousands of dollars.

A resource
for timely Accounting, Tax and Financial news and updates.

About Our Firm

IRS Scams*

Standard Mileage Rates Will Fall in 2016*

S Corporations: A Brief Overview of Reasonable Compensation (RC) and IRS Implications

Amended Returns

Tax Abatement

A resource
for timely Accounting, Tax and Financial news and updates.

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