Small Business Owners are the IRS’s Next Target so Watch Out
Despite all the bad press the IRS is getting these days, the agency is setting its next target on at least 20,000 small businesses and possibly many more. The IRS has been sending small business owners notices inquiring whether or not the business has included every dime of their income in their tax filings. The […]
Follow Despite all the bad press the IRS is getting these days, the agency is setting its next target on at least 20,000 small businesses and possibly many more. The IRS has been sending small business owners notices inquiring whether or not the business has included...Growing and Selling State Legalized Marijuana is still Taboo with the IRS
States that have legalized the growing and sales of marijuana products are still subject to prosecution by the Federal government. There are currently 20 marijuana legal states. Even though marijuana has been used widely for medical purposes, and there are fees involved to cultivate it, the federal government isn’t budging on its stance to recognize […]
Follow States that have legalized the growing and sales of marijuana products are still subject to prosecution by the Federal government. There are currently 20 marijuana legal states. Even though marijuana has been used widely for medical purposes, and there are...Group of 20 Summit to Set International Tax Rules for Corporations
Leaders from the richest economies in the world are gathering together at the Group of 20 Summit in St. Petersburg Russia. Their intent is to tighten tax rules for corporations that do business multi-nationally. If all goes as planned, they will be limiting the ability of corps such as Apple and Starbucks to legally […]
Follow Leaders from the richest economies in the world are gathering together at the Group of 20 Summit in St. Petersburg Russia. Their intent is to tighten tax rules for corporations that do business multi-nationally. If all goes as planned, they will be...Kevin Thompson CPA Featured on Start Up CPA
In Hollywood, they might call Kevin Thompson a triple-threat. He’s a CPA, serial entrepreneur and investor. For entrepreneurs, that’s a dynamite combination to have in your corner. Thompson jokingly refers to the famous line in the Hair Club for Men commercials. If you watched TV in the eighties, you’ll recall Sy Sperling’s kicker: “And […]
Follow In Hollywood, they might call Kevin Thompson a triple-threat. He’s a CPA, serial entrepreneur and investor. For entrepreneurs, that’s a dynamite combination to have in your corner. Thompson jokingly refers to the famous line in the Hair Club for Men...
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