Jim Tomasik's Page

is this thing on?

I.R.S. CREATES TAXPAYER CONFUSION ON DUE DATES Form TD F 90-22.1 REPORT OF FOREIGN BANK AND FINANICAL ACCOUNTS (“FBAR”) This I.R.S. assumes taxpayers and tax advisors have a duty to search for complex revised FAQs hidden deep in their website and digest the information, advise our clients and take action within a week before a filing deadline…all under the threat of large penalties. In addition, clients misinterpret the rules – easy to do -- and now… Continue

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Making Big Business Pay Their Fair Share of Taxes by Ken Hoagland When you hear any politician indignantly demanding that corporations finally, “pay their fair share of taxes,” look to your own wallet. Corporations don’t have a secret cache of money to pay taxes nor do CEO’s take it from executive compensation. These taxes are always paid by workers, consumers and stockholders. The recent shocking, shocking revelation that American businesses are… Continue