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Daily Archives: August 2, 2010
Ousted LDS leader dies
George P. Lee once enjoyed such widespread respect as the first and only American Indian LDS general authority that many Mormons believed he someday might become an apostle or even higher. But such talk ended in 1989, when Lee, who…
Posted in Latter-day Saint
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Foreign Preparers and PTIN Requirements
The IRS is working on a solution for foreign tax return preparers who do not have a social security number to obtain a PTIN. Currently, paid preparers are required to have a social security number in order to register and…
Posted in Accounting & Tax
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Does the IRS Owe You Money?
The Internal Revenue Service may have money for you. Was your income below the limit that requires you to file a tax return? If so, you may still be due a refund.
If you have not filed a prior year…
Posted in Accounting & Tax
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Universal Accounting – Update on Proposed IRS Tax Preparer Registration Rules
You’ve probably heard about proposed IRS regulation of paid tax preparers. There’s no doubt changes are afoot and, if you’re interested in spending any time acting as a paid tax preparer, they will impact you as early as this year.…
Posted in Accounting & Tax
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Universal Accounting – Using QuickBooks to Prepare for Potential Audits
No one wants to be audited, but as a result of the economic downturn, the IRS is auditing more small businesses. Are you prepared?
According to Robert Guild, QuicBooks blogger for AllBusiness.com, the economic downturn has encouraged the IRS to…
Posted in Accounting & Tax
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