Monthly Archives: May 2019

IRS No Longer Redacting Information on Wage & Income Transcripts

Yesterday I went on e-Services and downloaded a Wage & Income Transcript for a client. I was surprised to see that the payor information was no longer redacted. There was the payor’s name in full (along with the address and … Continue reading

Posted in IRS | Tagged | Comments Off on IRS No Longer Redacting Information on Wage & Income Transcripts

WSOP and Taxes: 2019 Non-Update

The 50th World Series of Poker begins today at the Rio Hotel and Casino here in Las Vegas. Good luck to all those who are participating this year. Regarding taxes and the WSOP, nothing has changed from 2018. Thus, you … Continue reading

Posted in Gambling | Tagged | Comments Off on WSOP and Taxes: 2019 Non-Update

Derailed

California’s “Train to Nowhere,” the alleged high-speed rail that would link San Francisco and Los Angeles (originally), and, now, the thriving metropolises of Shafter (just north of Bakersfield) and Merced is in deep trouble. Well, it has been in deep … Continue reading

Posted in California | Tagged , | Comments Off on Derailed

Can I Disclose a Candidate’s Tax Returns?

Let’s say that back in 2010 I prepared the federal and California tax returns for John and Mary Smith of Irvine, California. Ten years later, Mr. Smith decides to run for statewide office. Let’s further assume I abhor Mr. Smith’s … Continue reading

Posted in IRS, Tax Preparation | Tagged | Comments Off on Can I Disclose a Candidate’s Tax Returns?