PPT-10 hot tax topics

Paula Tallon BBS CTA Fellow ADIT FCA Gabelle LLP Gabelle LLP 2014 Tax Faculty Portal Online tax support Gabelle LLP 2014 Personal access to a wealth of current and archived practical online resources including. For new business owners or anyone entering the corporate world for the first time, corporate income tax can seem like a minefield. Let’s look at it in a little more detail: Research has shown that most dental practitioners overpay in taxes, and the reason behind this seems to stem from their lack of proactive tax planning. By not appreciating, understanding and acting upon the myriad nuances of the tax law, dentists the country over are missing out on potential tax saving opportunities and jeopardising their financial futures. What? You Don’t believe this? All you need do is listen to and read all the various quotes from IRS directors, commissioners and former agents, not to mention all the quotes from congressmen and women. 2015. Rick De Lara, Jr.. Rick De Lara, Jr.. The Law Offices of . Rios . & . Parada. , PLLC. 1505 E Missouri Ave. El Paso, TX 79902. Tel: (915) 532-2333. Danny Razo. Danny Razo. The Law . Office . Tax filing time can be nerve wracking, whether it’s your first time or your twentieth, but with this simple guidance, filing for the first time should be made a little easier: There are many ways in which you can try and get yourself organized before the 2019 tax year commences, and here are just a few of them: With 2018 fast coming to an end, it’s time to ask yourself if you’re ready for the new tax season? 2019 brings in a variety of changes and each of these could go on to affect how you file and Form 1040. Most US individuals and businesses who benefit from having completed their tax returns in a timely and accurate manner, will admit to having used the services of a tax professional, and there is absolutely no shame in that. There are, of course, strict penalties in place for those who incorrectly file their tax return, whether it’s a business or personal one, but the IRS will not assess a penalty if it owes you or your business, a refund. You can even claim your refund late by filing an amended tax return within three years, but if you owe money to the IRS and fail to pay because of an inaccurate tax return, then they may go ahead and assess penalties and interest. Few see doctors as business people, and few doctors will admit to being businessmen, but the reality is that those who do operate their own practices, must find a balance between caring for their patients and running a service-based business. Even some of those doctors employed by hospitals or other medical facilities will be required to make important financial decisions. Taxes are a hassle no matter how you tackle them, but there are ways of simplifying the whole process by planning in advance to help minimize your stress levels when your taxes are due: HOT TOPICS IN ASSESSING Kenneth A. Porro, Esq . Chasan Lamparello Mallon & Cappuzzo, PC 300 Lighting Way Secaucus, New Jersey 07094 (201) 348-6000 kporro@chasanlaw.com Public Health, Safety & Welfare IV Hangover Desert Hot Springs CA
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