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Automobile Depreciation Charts For 2019 Tax Returns

2019 Automobile Depreciation Charts

TaxConnections will send you the 2019 Automobile Depreciation Allowances to help you in preparing tax returns this year. This information is available to anyone who requests it.

This valuable reference tool enables you to save time in the preparation of tax returns this year. It is a popular link and one most often requested by our readers. Please make your request with our compliments.

Go To This Link For Automobile Depreciation Chart

Tax Professionals Invited Today: We Will Teach You Individually How To Acquire More Clients And Access More Opportunities

You Are Invited To TaxConnections

We know it is really all about educating tax professionals about the powerful technology we built that benefits you! Today, we will teach you how TaxConnections raises your visibility and increases your career opportunities. Our management team is available to call anyone who would like to speak with us today. It is our way of staying connected to your individual needs and success journey.  Our management team is offering individual attention and counseling to any tax professional who requests it.

If you would like to speak to our CEO or someone on our executive management team, we encourage you to reply with the best time and number to reach you today. We will call you and introduce ourselves and be happy to show you the secret sauce of our technology and how it drives new business and opportunities to you.

Please reply to this link and we will be delighted to call you today and help you. You can also reach our CEO directly at this email address. Please provide us your name and number along with the best time to reach you today. We will do everything in our power to get to you today or even the weekend on a call.

Kind regards,

Kat Jennings, CEO
TaxConnections Inc.

858.999.0053 X100

 

Tax Specialist – Investment Group (San Francisco, CA)

Tax Specialist- Family Office, San Francisco, CA

Tax Specialist (San Francisco, CA)

The Tax Specialist is responsible for performing tax compliance and planning functions as well as providing tax support for various company entities, which may include Partnerships, Limited Liability Companies and Corporate entities.  Significant emphasis will be on tax work related to Partnerships and Limited Liability Companies. Prepare federal and state income tax returns and forecasts and perform various tax planning and research projects that involve a high degree of complexity.  Respond to audits by and information requests from various government authorities. Responsibilities include the following:

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Why Are There So Many Tax Jobs? Why Are Tax Professionals Unable To Connect With These Jobs Easily Today?

marketing tax professional

For those of you reading this article, allow me to give you a little background before you read this entire post. You can count on one hand the number of tax recruiters with a track record of performing for clients worldwide, and I am one of them.  There are a handful of us that truly understand what is happening throughout the market. In my case, here is the client list to back up my statements.

Throughout my career in executive search for tax professionals, I was retained to place the first U.S. tax person working in China for a U.S. multinational corporation. The client was General Motors and they hired me to bring in a bilingual tax professional to work with the China government authorities in Beijing. I was also retained to recruit for genesis international tax legal practices such as DLA Piper and Baker McKenzie; and also retained by Arthur Anderson and KPMG to set up the US tax practices alongside the European ones years ago. For those of you who have worked with me over the years, you understand my deep expertise connecting tax professionals with tax organizations around the world.

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Senior Tax Specialist – Family Office (San Francisco, CA)

Senior Tax Specialist - Family Office, San Francisco, CA

The Senior Tax Specialist is responsible for performing tax compliance and planning functions as well as providing tax support for various Fremont entities, which may include Partnerships, Limited Liability Companies and Corporate entities.  Significant emphasis will be on tax work related to Partnerships and Limited Liability Companies. Prepare federal and state income tax returns and forecasts and perform various tax planning and research projects that involve a high degree of complexity.  Respond to audits by and information requests from various government authorities. Responsibilities include the following:

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How To Address Members Of The United States Congress On Tax Policy

How To Address Congress On Tax Policy

The First Amendment to the United States Constitution guarantees the right of all citizens to communicate with their elected representatives. Congress is comprised of the Senate and the House of Representatives. Although Members of both Houses are technically Congressmen/Congresswomen, in the public minds the word Congressmen identifies Members of the House of Representatives. However, when you refer to individual members use Congressman (Name) and Congresswoman (Name).

You may address both current and former Congressmen as Mr./Ms./Mrs./Dr. (Name) which is the same way the House of Representatives formally address each other. It is very important to make certain you are sending your message to the right person representing you in your district. The best way to do this is go to http://www.whoismyrepresentative.com/ and type in your zipcode. Once you have identified the Representative in the United States Congress for your district we will show you how to address them properly in writing.

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Make Your Tax Clients Laugh – Even With A Big Tax Bill

200+ Tax Jokes From TaxConnections

Tax time is a very busy time of year for tax professionals in dealing with their clients. What we have discovered are the many tax professionals who have a great sense of humor. TaxConnections built an eBook of fun tax jokes and forms you can use with tax clients. You can help clients through tax time with a long list of fun jokes and forms to remind them to lighten up this year.

We invite you to request TaxConnections downloadable eBook titled Tax Jokes, Tax Quotes And Fun Tax Forms and have fun with clients. We invite you to leave a comment with one of your favorite jokes this year!

Request 200+ Tax Jokes, Tax Quotes And Fun Tax Forms eBook

With Our Compliments,

TaxConnections Inc.

Tax Manager/Senior Tax Manager (San Francisco, CA)

Tax Manager/Senior Tax Manager In San Francisco, CA

TaxConnections has been retained by an investment firm to fill a Tax Manager/Senior Tax manager role located in San Francisco, CA. We would genuinely appreciate your review of this opportunity and kindly refer this to anyone who may appreciate learning more.

Tax Manager/Senior Tax Manager (San Francisco, CA)

TaxConnections is currently conducting a search for a Tax Manager/Senior Tax Manager for a private family office in the San Francisco Bay area. We genuinely appreciate your review of this opportunity and invite you to contact us privately with any questions.

The Tax Manager/Senior Tax Manager will be responsible for assisting senior tax management with tax research and planning and all aspects of the tax compliance and forecasting for a very significant investment partnership and the related investment management entity. Individual must have a solid understanding of current tax laws including knowledge of investment partnership structures.

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What To Do If You Have Unreported Bitcoin Income

Unreported Bitcoin Income - What To Do

You may need to amend your tax returns and pay additional taxes, penalties, and interest if you have previously unreported Bitcoin income.  If you fail to take action, the IRS may audit your returns as part of its Virtual Currency Compliance campaign.

Key Insights We Will Discuss
  1.  How the IRS treats Bitcoin transactions for tax purposes
  2. What thee IRS is doing to increase virtual currency tax compliance
  3. What you should be doing to correct your past non-compliance with Bitcoin tax laws
Bitcoin Taxes 101

The IRS considers Bitcoin and other virtual currencies to be property for tax purposes.  You need to pay taxes if you receive Bitcoin income, the same way you would need to pay taxes if someone paid you for your work by giving you a new car.

The property will be valued based on the currency’s exchange rate on the date you received the income.  You can use any exchange rate listed on a public exchange as long as you consistently use the same method.

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Hiring Pregnant Women: A Tax Recruiter’s Inside Look

Kat Jennings - Tax Recruiter Inside Look At Hiring Pregnant Women

For more than three decades, I have worked with organizations which have interviewed and hired pregnant women. I have also worked with companies who quietly declined to hire women who are pregnant but gave other reasons for not hiring them. As an executive search professional, who has placed thousands of tax professionals, you often see behind the scenes how pregnant women are interviewed and handled. This post discusses my personal experience and observations in how companies handled pregnant women in the field of tax.

As an expert in executive tax search with a long list of clients, I have experienced a wide range of scenarios in the hiring process. What is always interesting to me is the hiring of pregnant women. For the record, my three sons are 25, 25, 26 so my child bearing years are behind me. However, my tax executive search practice was so busy when I had my sons there was no way I would stop working. I took two weeks off after my first son and one month after my identical twins. I was on the phone helping clients even from my hospital bed. It is in my DNA to work hard and after years of raising three sons, I am still a hard driving producer of work for clients searching for tax expertise. Some people are born out of the womb with incredible drive.

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8 New State Laws You Should Know For 2020

8 New State Laws You Should Know For 2020

In the state tax world, the beginning of the year means new legislation goes into effect. Are you curious about which laws changed at the beginning of the month? Keep reading for eight states with new and updated sales tax laws you won’t want to miss.

Georgia: 529 Plan State Tax Update

For Georgia residents using a 529 Plan to save for college expenses, state tax deductions will double to be:

  • $4,000 per child for single taxpayers
  • $8,000 per year for those filing jointly with a spouse

This deduction will be available beginning with the 2020 tax year.

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IRS Rules On Deducting Business Expenses

IRS Rules On Deducting Business Expenses

Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business operates to make a profit.

What Can I Deduct?

To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your trade or business. A necessary expense is one that is helpful and appropriate for your trade or business. An expense does not have to be indispensable to be considered necessary.

It is important to separate business expenses from the following expenses:

  • The expenses used to figure the cost of goods sold,
  • Capital Expenses,
  • and Personal Expenses.
Cost Of Goods Sold

If your business manufactures products or purchases them for resale, you generally must value inventory at the beginning and end of each tax year to determine your cost of goods sold unless you are a small business taxpayer (defined below). Some of your expenses may be included in figuring the cost of goods sold. The cost of goods sold is deducted from your gross receipts to figure your gross profit for the year. If you include an expense in the cost of goods sold, you cannot deduct it again as a business expense.

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