In a recent case, Turner, T.C Memo. 2011-209, the Tax Court ruled that formal notice of the withdrawal power is not required. The result of this Tax Court case is that, if a notice requirement is not satisfied regarding a particular transfer to a trust, the taxpayer now has an argument that such notice is not required and the annual exclusions claimed were valid.
read more…Intuit QuickBooks Payroll
Payroll Update: Revised Tax Tables
Posted by: Courtney Ockenden, CPA
read more…Posted by: Robert O’Neil, CPA
read more…Posted by: Barbara Theofilos, CPA
read more…Posted by: Mary Ann Mezacapa
read more…Posted by: Howard J. Kass, CPA, AEP®
read more…Posted by: Colleen Kaminsky, CPA
read more…There are simple solutions to keep the tax deadline from growing into an annual source of stress. By working with your CPA to organize tax information throughout the year, you can help ensure you have everything you need to minimize your tax liability and avoid surprises.
read more…Posted by: Brett Neate, CPA
read more…
Every Halloween, children knock on doors pretending they are everything from superheroes to movie stars. Scammers, on the other hand, don’t leave their impersonations to one day. They can happen any time of the year. People can avoid taking the bait and falling victim...
If you are a taxpayer who has filed their income tax early, you may be wondering what is taking your IRS refund so long. It seems waiting for the refund becomes a test of patience. But when should your patience give way to persistence and determine when to make a call...
Even though reports of tax-related identity theft have declined markedly in recent years, the Internal Revenue Service warns that this practice is still widespread and remains serious enough to earn a spot on the agency’s annual “Dirty Dozen” list of tax scams. The...
The IRS announced today that it was going to end the Offshore Voluntary Disclosure Program (OVDP) by September 28, 2018. The Service is giving taxpayers just over six months’ notice of the program closure to allow any taxpayers who wish to do so the opportunity...
Zinner & Co. is a proud title sponsor of the Cleveland Play House production of “The 25th Annual Putnam County Spelling Bee,” which runs now through May 6 at the Allen Theater. Sponsoring this Tony Award-winning musical, is just one of the many ways Zinner &...
Send us your questions and we’ll share our insights with you on our blog!