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Be careful when you consider how you pay your taxes — credit cards can be tempting, but are they worth the cost? Read more

Posted at: February 14th, 2013 - 10:58 am - Number of Comments » 0

If you got one of these love-letters, be sure to call your CPA: About 2,000 small business owners and investors in the Golden State who lawfully took a tax break that was later struck down have the taxman knocking at their doors. Following a state appeals court decision invalidating a 20-year-old state tax, the Los Angeles […]

Posted at: February 10th, 2013 - 12:28 pm - Number of Comments » 0

Remember — it’s against the law to evade taxes — but it’s our duty as Americans to avoid them! Make sure you are taking advantage of all of the tax rules, deductions and other techniques available to minimize your tax burden — one easy way is to call Denny & Company, LLP and sit down […]

Posted at: March 18th, 2012 - 12:40 pm - Number of Comments » 0

Don’t forget that along with your gift shopping, company parties, and other assorted end-of-year activities, you need to sit down and take a look at your tax situation. There are many things you can do to optimize your tax situation — but some of them must be done before year end. If you’d like some […]

Posted at: November 28th, 2011 - 4:23 pm - Number of Comments » 0

If, as we suspect, the Congress cannot manage to pass a continuing resolution by April 8th, there may be difficulties in processing and receiving tax refunds and other operations of the IRS. Internal Revenue Service Commissioner Douglas Shulman said the Obama administration has not decided whether the IRS would process tax returns and issue refunds […]

Posted at: April 4th, 2011 - 7:09 pm - Number of Comments » 0

Don’t forget — the IRS offers payment plans. As long as you owe less than $25,000, and agree to pay off what you owe in 60 months (5 years) or less, you can easily arrange for a payment plan with the IRS that features an attractive interest rate. If you’d like help with this, or […]

Posted at: March 31st, 2011 - 3:18 pm - Number of Comments » 0

The IRS has put together a handy list of publications that deal with significant life events that effect your tax life. Check it out here – and if you have further questions, give us a call.

Posted at: February 3rd, 2011 - 12:35 pm - Number of Comments » 0

The IRS has released an 80-page document outlining many commonly-used tax dodges. Remember, if something sounds too good to be true (like slave reparation credits) — it probably isn’t. Anyone who tries to avoid paying taxes by claiming a slave reparation credit, or that paying taxes is voluntary or that an IRS agent’s badge was […]

Posted at: February 6th, 2010 - 1:59 pm - Number of Comments » 0

Many folks don’t realize the level of training currently NOT required for tax preparers at the big chain tax preparation firms. Apparently the IRS is starting to think about what to do about the problem: The Internal Revenue Service plans to regulate the nation’s tax-preparation firms, including H&R Block Inc., Jackson Hewitt Inc. and mom-and-pop […]

Posted at: January 5th, 2010 - 11:57 am - Number of Comments » 0

Staples Center has offered $20 million for the upcoming Mayweather-Pacquiao fight — but they aren’t going to get it, since that would mean the fighters paying upwards of 10.55% income taxes to the state of California. Even though this event could mean millions to the economy of Los Angeles, the negative incentives are so high […]

Posted at: December 15th, 2009 - 11:52 am - Number of Comments » 0