I can answer questions on personal income taxes, partnerships, and some corporate income taxes. I can deal with some state tax questions. Limited gift and estate tax questions. I am also familiar with ministerial and church tax reporting issues. I teach tax and accounting at a small church-related college. Sales taxes and property taxes are state and local issues so I am not likely be be able to give you an in depth answer on those types of taxes. I have maintained a part time tax practice for over 35 years. I am a member of the AICPA, National Association of Tax Professionals, and the Institute of Management Accountants. Visit my website at www.johnstancilcpa.com. Also visit my blog, www.thetaxdocspot.com. Prepare and file your own taxes at www.1040stancilcpa.com
I hold a doctorate in Accounting, and three professional certifications: CPA, CMA,and CFM. I passed all certification examinations on the first attempt, and received honorable mention for my scores on the CIA exam. I have operated a CPA firm for over 35 years and have taught accounting and tax at the college level for over 35 years.
FICPA, IMA, NATP, NCPE Fellowship
The CPA Journal, Florida CPA Today, Green Consumer, Green Business, Global Sustainability as a Business Imperative, Palmetto Review, NATP TaxPro Quarterly, Mustang Journal of Finance and Accounting.
DBA University of Memphis MBA University of Georgia BS in Accounting Mars Hill College
I enjoy the dynamic nature of taxation, and the fact that it is always changing. I also enjoy helping citizens minimize their taxes, so they only have to pay the legally required minimum amount.
One can never know all the tax law, so I hope to increase what I do know, and keep up with relevant changes in the law.
It was not until WWII that the income tax became a mass tax. Prior to that time, only the very wealthy paid income taxes.
|ang||12/07/13||10||10||10||Thank you, John, We do need some .....|
|Stuart||12/05/13||10||10||10||very much appreciated! Thank you!|
|Randall Taylor||12/05/13||10||10||10||Quick precise answers.|
|Serena||11/21/13||10||10||10||Hi John, Thanks so much for the .....|
Ang, Thanks for your question. I can't say for sure because only a part of your SS is taxable. However, assuming that all of that amount is taxable you have gross income of $36,156. From that you
Rossana, Thanks for your question. There will be some tax and how much depends on how it is structured. The church can designate an amount as housing allowance. This must be done for the year
Stuart, Thanks for your question. Just get a copy of Circular E from the IRS. It has withholding tables and instructions. You will also need to get a set of withholding tables from the California
Jenni, Thanks for your question. There are no special requirements, if you are filing as a Schedule C business, you must demonstrate that it is a for profit effort, run in a businesslike manner,
Nathan, Thanks for your question. 1) Yes you can deduct the loss in 2013. 2) You do not have to pay a salary, as there is no revenue from which to pay one. It is not so much a matter of being
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