Posts by Ron Cohen, CPA, MST
Corona Virus Relief (CARES ACT)
Today we’re talking all about the Corona Virus Re…
Read MoreHouse Committee Hearing on Wayfair Tax Compliance
House Committee Hearing on Wayfair Tax Compliance…
Read MoreCryptocurrency, Tax Exempt Organization Applications & Independent Contractor Rules
A Discussion on Virtual Game Currencies, Tax Exem…
Read MoreCalifornia LLC Laws And IRS Identity Theft Reporting
A discussion on the tax history of LLC entities i…
Read MoreForeign Bank Accounts And Gifts To The Federal Government
Today we talk about common problems people run in…
Read MoreCryptocurrency, US National Debt & IRS Scam Calls 01.29.19
Join us this week as we discuss how the IRS is tr…
Read More“C” Corporation versus “S” Corporation Entity Selection Decision
Your “C” corporation versus “S” corporation entity selection decision is often step one when starting a company. This comes up very often. How do we decide on whether to be a “C” Corporation or an “S” Corporation? You might also want to operate as a Limited Liability Company which is much like an S Corporation.…
Read More“Madoff” or “Ponzi-Type” Tax Losses
“Madoff” or “Ponzi-Type” Tax Losses Update: 12/9/09 Wall Street Journal Article: http://online.wsj.com/article/SB124623441944466541.html In addition to other good information about the type and amount of refunds people are obtaining it says in the last paragraph: “On Monday, Sen. Charles Schumer (D., N.Y.) proposed a bill that seeks to further expand the carry-back period up to six…
Read MoreSeries LLC: Simplify Your Legal Entity Structure
Series LLC: Simplify Your Legal Entity Structure By Ron Cohen, CPA, MST Partner Greenstein, Rogoff, Olsen & Co., LLP Many businesses are being set up as a Series LLC where multiple projects are involved. Rather than setting up an entirely new Limited Liability Company (LLC) for each project, a Series LLC can be formed, with…
Read MoreCalifornia Unitary Group of Corporations; Intercompany Distributions; Deferred Gain Tracking
California Unitary Group of Corporations; Intercompany Distributions; Deferred Gain Tracking New Form 3726 – Deadline Extended to 10/15/09 Unitary Groups must do more tracking in some cases. The Franchise Tax Board wants to make sure deferred intercompany gains don’t get lost over the years (and therefore, never taxed), so they are forcing taxpayers to provide…
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