Whether your business is the law, or a business with accounting or asset protection needs, our business has been “Solving clients’ problems" since 1977.

Blog

IRS Hacked, Again: What You Need to Know

  • 27 September 2016
  • Author: Alexander Carr
  • Number of views: 733
  • 0 Comments
IRS Hacked, Again: What You Need to Know

Access to the IRS e-File PIN service was removed in June following what the agency calls “additional questionable activity.”  The PIN numbers are only the latest in a history of the IRS being hacked, compromising taxpayer information.

Changes Ahead for Businesses Using Payroll, Benefits and Other HR Providers

  • 20 September 2016
  • Author: Alexander Carr
  • Number of views: 759
  • 0 Comments
Changes Ahead for Businesses Using Payroll, Benefits and Other HR Providers
If you work with a provider of payroll, benefits, HR, tax administration or regulatory compliance assistance, you should be aware of a significant law change made by Congress.  Companies that offer these services—often called professional employer organizations (PEOs)—can voluntarily apply to the IRS for inclusion in an IRS certification program

designed to help clarify their tax responsibilities.

Trump’s Tax Returns: What Could They Possibly Reveal?

  • 13 September 2016
  • Author: Alexander Carr
  • Number of views: 1491
  • 0 Comments
Trump’s Tax Returns: What Could They Possibly Reveal?
Steven Bankler, CPA, was recently asked to offer his expertise in an article about Donald Trump’s tax returns for the nationally known publication Tax Notes. Why the fascination with Trump’s taxes? Do we simply want to prove that Trump’s income is much lower than he advertises? (As the article states, Trump puts his wealth in the $10 billion range, while Forbes and Fortune estimate he’s worth $200 million to $4 billion)

The Online Sales Tax You’re Likely Getting Wrong

  • 16 August 2016
  • Author: Alexander Carr
  • Number of views: 1563
  • 0 Comments
The Online Sales Tax You’re Likely Getting Wrong

You may be surprised to find out that if you regularly purchase goods online, you’re likely also regularly breaking the law. How so? It’s because you may be inadvertently disregarding the “use tax” on those goods.  

Tax Tips for Trading or Bartering Goods and Services

  • 9 August 2016
  • Author: Alexander Carr
  • Number of views: 825
  • 0 Comments
Tax Tips for Trading or Bartering Goods and Services

Freelancers do it, nonprofits do it, even up-and-coming family businesses (as well as 70 percent of all Fortune 500 companies) do it. No, it’s not falling in love. It’s trading goods and bartering services. And you may be surprised to know that it’s an entirely taxable event.

Why Rock Bands Are Wailing Against Tax Havens

Why Rock Bands Are Wailing Against Tax Havens

Wilco, Coldplay, Radiohead. What do these rock bands have in common? It’s more than just great music, it’s a passion for ending tax havens (sheltering money in a foreign country or independent area where taxes are low). Surprisingly, rock bands have a long and fascinating history when it comes to forging ahead into uncharted tax strategy territories. 

What Triggers a Tax Audit?

What Triggers a Tax Audit?
You may have heard that IRS audits of individuals have hit an 11-year low. This past year, the IRS has been auditing fewer than 1 in 100 individual taxpayers. But don’t allow those statistics to embolden you. Thousands of taxpayers still get audited each year. If you’re a high-earner, with $500,000 to $1 million earned annually, your chances of an audit jump to more than 4 percent. The picture changes again when it comes to business audits. Corporations tend to be audited more often (as much as 12 percent of large corporations).

10 Business Identify Theft Tips

10 Business Identify Theft Tips

Last year, Ars Technica reports, the IRS shut down an electronic tool for obtaining tax data after a massive fraud operation involving commercial data breaches managed to extract filing data for hundreds of thousands of taxpayers. This year, the IRS is facing a new wave of fraud, as criminals engage in a phishing campaign to obtain employees' W-2 form data.

Fake Rappers Exposed in Biggest Tax Fraud Bust in U.S. History

  • 14 June 2016
  • Author: Alexander Carr
  • Number of views: 1003
  • 0 Comments
Fake Rappers Exposed in Biggest Tax Fraud Bust in U.S. History
Tax fraud comes in many shapes and sizes. In fact, the IRS estimates that 17 percent of all taxpayers fail to comply with tax laws in one way or another. Cash-intensive businesses and service industry workers are the worst offenders. The IRS claims that waiters and waitresses underreport their cash tips by an average of 84 percent.

Taxes and Your Texas Ranch

Taxes and Your Texas Ranch

Do you own a farm or ranch or are you thinking of buying one? For many Texans, in particular, living the ranch life is an American Dream. But how do taxes come into play?

RSS
123456

Expertise

When you hire Steven Bankler and his team of certified public accountants, you get seasoned, knowledgeable CPAs.

The IAPA International LogoRather than experienced bookkeepers, promising CPAs-in-training or studious interns in the process of completing their accounting degrees, you get professional CPAs. We Solve Problems. We provide creative solutions to our clients’ unique problems including tax and estate planning, forensic accounting, expert witness and litigation support.

Testimonials

Curriculum Vitae

Quoted Opinions

Newsletter Signup

First Name:
Last Name:
E-Mail: