by Aleksei Koutin on 06 Feb, 2015 - 0 comments

Tax season is here! Mention “SM50OFF” code when you contact us and automatically get a $50 discount off your personal return preparation fee! Spread the news.

by Aleksei Koutin on 06 Feb, 2015 - 0 comments

National Society of Accountants Income and Fees Survey reports  on fees to prepare a range of tax returns  Taxpayers looking to hire a professional to complete their 2014 tax return can expect to pay an average of $261 for an itemized Form 1040 with Schedule A and a state tax return, according to the National Society […]

by Aleksei Koutin on 13 Sep, 2014 - 0 comments

A tax preparer based in Brick Township, N.J., has pleaded guilty to one-count of aiding and assisting in the preparations of false tax returns. Sharif Mahfouz, age 49, admitted that while he operated as owner of Expat Focus Consulting fabricated or inflated foreign earned income exclusion amounts and foreign tax credits. He then had client […]

by Aleksei Koutin on 04 Sep, 2014 - 0 comments

Created on Sunday, 31 August 2014 20:07Written by The Progressive Accountant Andy Brown, a 37-year CPA from Portage, Mich., has been sentenced to 37 ½ to 75 years in prison for the murder of his boss. Brown was convicted of second-degree murder for the shooting death of 70-year-old David Locey. Part of the sentence handed […]

by Aleksei Koutin on 02 Sep, 2014 - 0 comments

AUG 29, 2014 12:28pm ET By Roger Russell The Tax Court has held that the value of an airline ticket received in the redemption of “thank you” award points from a bank must be included in gross income. In the case of Shankar v. Commissioner, 143 T.C. No. 5, the taxpayer, Parimal Shankar, received 50,000 […]

by Aleksei Koutin on 02 Sep, 2014 - 0 comments

By MELLODY HOBSONMONEYWATCH March 28, 2013, 4:12 PM MoneyWatch) It’s hard to think there’s anything funny about taxes when you’re under a mountain of paperwork, but CBS News contributor and analyst Mellody Hobson has a little comic relief for taxpayers. In all her research about taxes, she came across some fairly ridiculous write offs the IRS has […]