Monday, April 18, 2011

TO FILE OR NOT TO FILE ?

EITHER FILE YOUR RETURN OR EXTENSION ?
EXTEND TIME TO FILE  NOT TIME TO PAY ...
CALL KASH, @ YMA  (925) 963 4891 OR VISIT www.yajnikandmehta.com

Friday, April 15, 2011

HOW TO EXTEND TIME TO FILE TAX RETURNS ?

YOUR TAX PREPARER NEEDS FOLLOWING DATA TO FILE EXTENSIONS.  AN ESTIMATE OF:
1. YOUR TOTAL INCOME
2. YOUR EXPENSES
3.  TOTAL TAX PAYMENTS / WITHHOLDINGS
4.  TO DETERMINE YOUR TAX LIABILITY.
PAY AS MUCH AS YOU CAN TO REDUCE YOUR FUTURE TAXES EITHER ELECTRONICALLY OR MAIL A CHECK TO IRS.
CALL KASH YAJNIK @ YMA (925) 963 4891 OR VISIT www.yajnikandmehta.com

Thursday, April 14, 2011

Sunday, April 10, 2011

12 MOST COMMON TAX SCAMS

1. HIDING MONEY OVERSEAS
2. IDENTITY THEFT & FISHING TO FILE FAKE RETURNS AND GET REFUNDS.
3. SHADY TAX RETURN PREPARATION.
4. FILING FALSE & MISLEADING FORMS.
5. ARGUING WITH TAX MAN ?  BE POLITE & PROFESSIONAL WHEN TALKING TO IRS STAFF.
6. PROMOTERS OF FRIVOLOUS SCHEMES.
7. INFLATING YOUR WITHHOLDING CREDIT.
8. EXAGGERATING CHARITABLE CONTRIBUTIONS.
9. FISHY RETIREMENT PLANS.
10. DISGUISING YOUR COMPANY TO UNDER REPORT INCOME, MONEY LAUNDERING, ETC.
11. GIVING YOURSELF A PAY CUT TO LOWER TAXES.
12. ABUSING TRUSTS.
FOR MORE INFO, CALL KASH @YMA @(925) 931 0863, OR VISIT www.yajnikandmehta.com

Thursday, April 7, 2011

REPERCUSSIONS OF GOVERNMENT SHUT DOWN...

DEPENDING UPON TOTAL OR PARTIAL SHUT DOWN OF GOVERNMENT  DUE TO LACK OF BUDGET AGREEMENT COULD HAVE FOLLOWING REPERCUSSIONS:
1.  MINIMAL IMPACT ON ARMED FORCES
2.  NO EFFECT ON FORCES IN COMBAT ZONES.
3. POSTAL SERVICES MAY BE LIMITED OR STOPPED IN SOME AREAS.
3. IRS MAY BE PARTIALLY SHUT DOWN AFFECTING REFUND CHECKS AND eFILE  
    ACCEPTANCE OF RETURNS.
4. SHUT DOWN OF ALL NON_ESSENTIAL SERVICES PROVIDED BY WASHINGTON ?
5  EFFECT ON SOCIAL SECURITY, MEDICARE etc. ARE NOT YET CLEAR.
STAY TUNED...  DEADLINE IS FRIDAY APRIL 8, 2011 UNLESS POLITICIANS PROVIDE SHORT TERM FUNDS.
FOR MORE INFO, CALL KASH, YMA @ (925) 963 489 OR VISIT www.yajnikandmehta.com

Wednesday, April 6, 2011

WHAT IS FILING DEAD LINE FOR LLC ?

APRIL 18, 2011.
FOE MORE INFO. CALL KASH, YMA,  @ (925) 963 4891
VISIT WWW.yajnikandmehta.com

Tuesday, April 5, 2011

APRIL 18 - FILING DEAD LINE.

MANY CREDITS FROM AMERICAN RECOVERY & REINVESTMENT ACT ARE AVAILABLE.
1. FREE eFILE FOR TAX PAYERS WHO EARN $58000 OR LESS
2. IF YOU CAN"T MEET THE APRIL 18 DEADLINE, FILE AN EXTENSION - FORM 4868
FOR MORE INFO, CALL KASH @ YMA (925) 963 4891 OR VISIT www.yajnikans mehta.com