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Ronald Castor LC CPA

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News

Financial news and updates.

Ronald Castor
December 1, 2015
Accounting

S Corporations: A Brief Overview of Reasonable Compensation (RC) and IRS Implications

Ronald Castor
December 1, 2015
Accounting

When it comes to reasonable compensation, documentation is a key factor in mitigating IRS penalty risks for S Corporations.

Tagged: S Corporations, 2015, Reasonable Compensation

Ronald Castor
December 1, 2015
Taxes

Amended Returns

Ronald Castor
December 1, 2015
Taxes

Due to recent Kansas tax law changes, taxpayers that have paid Kansas City, MO earnings tax or earning taxes to districts outside of Kansas, may be eligible for a refund.  

A possible refund? Did someone say refund? That’s great news – what are the details?

Tagged: Taxes, 2015, Refund, Amended Returns

Ronald Castor
December 1, 2015
Taxes

Tax Abatement

Ronald Castor
December 1, 2015
Taxes

Although not widely publicized, taxpayers should know that they may be eligible for a one-time penalty amnesty (first time penalty abatement or FTA) – which can translate to a potential savings of hundreds or even thousands of dollars.

Tagged: Taxes, 2015

Ronald Castor
December 1, 2015
Taxes

Tax-Related Identity Theft

Ronald Castor
December 1, 2015
Taxes

Most people have heard of identity theft with fraudulent purchases made using a credit card or loan. Tax-related identity theft, however, occurs when an identity thief uses your social security number to file a false tax return. The IRS Taxpayer Guide to Identity Theft outlines important warning signs and steps to take to protect yourself.

Tagged: Taxes, Identity Theft

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7301 W 129th Street, Suite 250, Overland Park, KS 66213    Ph: 913.469.9113    Fx: 913.681.0709    rcastor@aafsc.com

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Ronald Castor LC CPA, 14221 Metcalf Ave, Suite 200, Overland Park, KS 66223, US
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Adviser. Ronald Castor, L.C. is not affiliated with Cetera Advisors, LLC.Ronald Castor is an Investment Advisor Representative offering Securities and Advisory Services through Cetera Advisors, LLC, Member FINRA/SIPC, a Broker/Dealer and Registered Investment

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Cetera Advisors LLC exclusively provides investment products and services through its representatives. Although Cetera does not provide tax or legal advice, or supervise tax, accounting or legal services, Cetera representatives may offer these services through their independent outside business. This information is not intended as tax or legal advice.