Monthly Archives: January 2019

Tax Deadlines to be Aware of

January 15th 2019: Fourth quarter 2018 estimated tax payments due January 31st 2019: W-2 and 1099-Misc forms due March 15th 2019: S-Corperation tax returns due, Partnership, LLP and multi-member LLC tax returns due April 15th 2019: Report of Foreign Back … Continue reading

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Foreign Bank Account Rules

You will need to file a Foreign Bank Account Reporting form (FBAR) if the balance in the account(s) was greater than $10,000 in 2018. The name of the form is FinCEN Report 114. FinCEN stands for Financial Crimes Enforcement Network. … Continue reading

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Important Information to Note for the 2019 Filing Season

The 2019 filing season will begin on January 28th 2019 for individual taxpayers. Important things to keep in mind: File electronically: Both paper and electronic tax returns will be accepted, but taxpayers are urged to file electronically to speed processing … Continue reading

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New Tax Law Makes IRS Offer Penalty Relief for Taxpayers

The IRS recently stated that certain people’s tax penalties would get waived if they didn’t pay enough taxes throughout 2018. During 2018, taxpayers were still getting used to the new laws that were passed by Congress late 2017 regarding withholding … Continue reading

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Kay Jewelers in Hot Water

Sterling Jewelers, the parent company of Kay Jewelers and Jared Galleria, has agreed to pay an $11 million settlement for their store card practices. Court documents say that both companies were signing customers up for the store credit card and … Continue reading

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USA Gymnastics Asks Bankruptcy Court to Approve Holiday Bonuses

USA Gymnastics is asking US Bankruptcy Court to approve $88,000 in holiday bonuses to its employees. USA gymnastics is facing dozens of civil suits filed by Larry Nassar’s sexual abuse victims. USA gymnastics filed for Chapter 11 bankruptcy in December. … Continue reading

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Toyota Recalls 1.7 Million Vehicles

Toyota recalls 1.7 million vehicles in North America to fix takata air bags. Takata air bags can explode with too much force and hurl shrapnel into the driver and passengers. This is the largest series of automotive recalls in the … Continue reading

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Tax Filing Season Begins Jan. 28th

The IRS has confirmed that tax filing season will begin on January 28th, 2019. Even with the government shutdown, the IRS will be processing and paying tax refunds. The deadline to file a 2018 tax returns without an extension is … Continue reading

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Circumstances Determine Sex Offender Registration

Registration statutes in Missouri do not differ from those of the United States, which require any person convicted of sex with a minor to register as a sex offender. This means categorization of the offense doesn’t contribute to registration. If … Continue reading

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Gift Cards are not Safe in Bankruptcy

If a gift card is purchased before filing for bankruptcy in Kansas, it will not qualify for an exemption. It has been determined that gift cards are not the same as non-exempt cash. If you are thinking about filing for … Continue reading

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