Tuesday, June 10, 2014

Hass Associates Accounting Financial fraud in 25 years: A virtual Madoff at lightning speed

From the very moment that people started using money, perhaps, some have uncovered ways of stealing it. And so, as sure as there will still be money after 25 years — or in some other form — corporate fraudsters will still be plying their trade. But innovative technologies could produce an environment where, as one retired law-enforcement official warns, “There will be no boundaries in relation to what fraud can be perpetrated.” Crime investigators state that the crimes per se do not completely change. From our common frauds and Ponzi schemes...

Friday, May 23, 2014

Hass and Associates Accounting Tax News and Tips: 'Tax office' e-mail scam is foiled by pensioner

THIS savvy pensioner was a step ahead of scammers who tried to access his details through a fake tax email. Former railway worker Ken Fuller, 80, received an email claiming to be from Her Majesty's Revenue and Customs, inviting him to claim a 'tax refund' of £469, following 'annual calculations of his fiscal activity'. To claim his rebate, all he had to do was fill in the attached refund form and submit it by the following day. Like...

Wednesday, May 21, 2014

2015 IRS Budget: What it Means for Taxpayers by Hass and Associates Accounting Tax News and Tips

If you have experienced long hold times and inefficient service from the IRS, please know that you aren’t alone. Even professionals have sat on hold for lengthy periods. Just a few years ago, tax experts could usually count on speaking with a human almost immediately after dialing the agency. That’s no longer the case. IRS customer service personnel are not happy with the situation either. Budget cuts have led to staffing limitation,...

Tuesday, May 20, 2014

Hass and Associates Accounting Tax News and Tips: IRS Stonewalling FOIA Request Surrounding Correspondence

EXCLUSIVE: IRS Stonewalling FOIA Request Surrounding Correspondence With Democratic Members of Congress On May 21, 2013 the National Republican Senatorial Committee sent the IRS a Freedom of Information Act request asking for "any and all documents or records, including but not limited to electronic documents, e-mails, paper documents, photographs (electronic or hard copy), or audio files," related to correspondence from January 1, 2009 and May...

Monday, May 19, 2014

Hass and Associates Accounting Tax News and Tips: U.S. Charges Credit Suisse Over Tax Fraud Scheme

Credit Suisse pleaded guilty to Federal criminal charges Monday, for helping clients avoid tax payment by sending money overseas. The global banking giant will pay a total of $2.6 billion in penalties The Swiss bank Credit Suisse pleaded guilty Monday to helping U.S. citizens commit tax evasion over the course of several decades, the Department of Justice announced. Credit Suisse will pay the Department of Justice, the Federal Reserve and...

Sunday, March 2, 2014

Hass and Associates Accounting Tax Preparation New tax test on foreign takeovers

Hass and Associates Accounting Tax Preparation New tax test on foreign takeovers FOREIGN investors face a new hurdle as Joe Hockey declares he will take their tax affairs into account when considering their Australian deals amid a global crackdown on corporate tax avoidance. Alarmed at the potential loss of federal revenue, the Treasurer warned that tax arrangements would become a major factor in foreign investment approvals, given their growing impact on the national interest. Mr Hockey, who has the final say on all big foreign investments,...

Saturday, March 1, 2014

Hass and Associates Accounting Tax Preparation What the New Obamacare Taxes Mean for Your Return

Hass and Associates Accounting Tax Preparation What the New Obamacare Taxes Mean for Your Return We all knew the Affordable Care Act was going to affect more than the type of medical insurance we can have, and if you are in one of the top two tax brackets, you’re among the lucky ones paying for much of the ACA through two new taxes. The new Medicare tax is an additional 0.9% taken from the paychecks of everyone who earns more than the threshold...

Thursday, February 27, 2014

National Insurance, a 100-year old charge on employers and employees, will be renamed “earnings tax”, the Chancellor has signalled.

Hass and Associates Accounting Tax Preparation  Goodbye National Insurance. Hello Earnings Tax National Insurance, a 100-year old charge on employers and employees, will be renamed “earnings tax”, the Chancellor has signalled. The change, which will be proposed in legislation to be published on Tuesday, is the first step towards merging income tax with National Insurance. Ben Gummer MP, a rising star Tory backbencher who has been...

Tuesday, February 25, 2014

Tax Benefits at Hass and Associates Accounting: Cal State Long Beach Accounting Majors Offer Free Tax Preparation

Jennfer Mae Formeloza is coordinating Cal State Long Beach’s Volunteer Income Tax Assistance, which offers free tax preparation to low- and moderate-income filers.  LONG BEACH >> Football season is over and tax season is upon us. Those looking for help can try a free tax preparation service offered by accounting majors at Cal State Long Beach through the Volunteer Income Tax Assistance program. The outreach runs through March...

Wednesday, February 12, 2014

Hass Associates Accounting Tips for Preparing Taxes Online

National News: Tax Tip: Tips for Preparing to File Your Taxes Online OTTAWA, ONTARIO--(Market wired - Feb. 10, 2014) - Did you know? Filing your taxes online is increasing in popularity as Canadians discover how fast, easy, and secure filing online really is. Last year, over 74% of Canadians filed their income tax and benefit return electronically. Are you ready to join them? Get ready: following these steps will make filing your taxes easy! ·         Go to www.cra.gc.ca/getready to find out about...

Monday, February 10, 2014

Hass Associates Accounting Tax Tips

Accounting Tips by Hass Associates Individual and Business Tax Preparation Tax season is officially underway (Jan. 31 - April 15) and while it may be a painful process for some, delaying it can only bring a bigger headache. John Ams, executive vice president for the National Society of Accountants (NSA) says whether you owe money or anticipate a refund, getting it done early can prove beneficial. If you are owed money, your chances of getting it faster are better when you file early. If you owe money, you will at least know how much you...