On behalf of Law Office of Williams & Associates, P.C. | Mar 28, 2019 | IRS
Beginning in 2010, the Panera Bread Foundation, a non-profit related to the popular restaurant chain, piloted a limited experiment in the “gift economy,” whereby customers could “pay it forward” or “pay-what-you-can” at select...
On behalf of Law Office of Williams & Associates, P.C. | Mar 18, 2019 | IRS
The Internal Revenue Service (IRS) estimates that it has nearly $1.4 billion in unclaimed income tax refunds due to about 1.2 million taxpayers who failed to file a 2015 Form 1040. The deadline to claim these funds is this year’s return filing deadline, April...
On behalf of Law Office of Williams & Associates, P.C. | Mar 18, 2019 | IRS
The Internal Revenue Service (IRS) recently issued a warning about a new phone scam involving fake calls from the Taxpayer Advocate Service (TAS). Tax scammers are using “spoofed” TAS phone numbers to contact potential victims to obtain personal...
On behalf of Law Office of Williams & Associates, P.C. | Mar 12, 2019 | FTB
Arizona Attorney General Mark Brnovich recently asked the U.S. Supreme Court for permission to file suit against the State of California over the $800 minimum business tax imposed on investors in certain LLCs. Brnovich contends that the California minimum tax, and...
On behalf of Law Office of Williams & Associates, P.C. | Mar 11, 2019 | IRS
The Internal Revenue Service (IRS) recently kicked off its annual “Dirty Dozen” awareness campaign to alert taxpayers to common tax scams. Topping the list in 2019 are new variations on phishing schemes that use “legitimate-looking emails with fake,...
On behalf of Law Office of Williams & Associates, P.C. | Mar 4, 2019 | FTB
The California Franchise Tax Board (FTB) recently announced that interest rates for personal income tax underpayments and overpayments, corporate underpayments, and estimate penalties will increase to 6 percent for 2019. The corporate overpayment interest rate will...
