Tag Archives: Down Town Lees Summit

Tax Tips for the 2017 Tax Year

Here are a few end of the year tax tips for 2017 before the new year: Take steps to accelerate your deductions Maximize your retirement contributions Bulk up your estimated tax payments Meet with your tax adviser If you are … Continue reading

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Leawood, Kansas CPA Could be Going to Jail

A former partner of an accounting firm in Leawood, Kansas pled guilty to the filing of false personal tax returns in an attempt to hide approximately $202,000.  As part of his plea, the CPA will pay over $100,000 to the … Continue reading

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Be Leary of Discount Bankruptcies

A bankruptcy judge in Louisiana has stated that an attorney who assisted people filing for bankruptcy by offering a no-money-down arrangement could not seek reimbursement of any filing fees or other costs that the attorney fronted for the clients. Bankruptcy … Continue reading

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Lee’s Summit Man Convicted of Owning a Street Sweeper

Ronald White Jr. of Lee’s Summit was convicted of owning a street sweeper 12 gauge shotgun that was drum fed. The conviction will land Mr. White ten (10) years in prison. If you have been charged with a crime and … Continue reading

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Dairy Queen Closes 22 Locations

The owner of a Dairy Queen franchise has filed for bankruptcy and has closed 22 stores in Texas, Oklahoma, and New Mexico. If you have a business that is in financial trouble and need assistance, contact our law office at … Continue reading

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Business Cats

A 2001 tax court case allowed a business man who owned a junkyard to deduct the cost of cat food for stray cats. The junkyard owner was feeding the stray cats to attract then to his junkyard in order to … Continue reading

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Starving Artists

For artists who have always wanted to pursue their dreams of being poor in pursuit of their art, but who have worried about how to pay their minuscule tax bill, there is a special deduction to the rescue. This deduction … Continue reading

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Upcoming Tax Deadlines

Here are some upcoming tax deadlines to be aware of: March 15, 2018 – Partnership tax filing deadline S Corp. tax filing deadline April 17, 2018 – Individual tax filing deadline IRA contribution deadline C Corp. tax filing deadline If … Continue reading

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Don’t Hide Illegal Income

Al Capone, one of the most notorious gangsters in American history, wasn’t convicted of murder, extortion, or any number of his other criminal activities. Instead, he was brought down because he didn’t pay his taxes. It was also a powerful … Continue reading

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Crime Doesn’t Pay

In another attempt to claim a deduction out of the ashes of a fire, a taxpayer attempted to deduct the cost of hiring his arsonist. This enterprising individual decided that insurance wasn’t good enough by itself. he decided to also … Continue reading

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