4 Seven Accounting

Here is a recent podcast where I was fortunate to be a guest speaker. It was related to food bloggers, but relevant to all businesses. https://chopped.academy/2017/06/ep-135-accounting-principles-for-food-bloggers/

People sometimes say “income taxes are unconstitutional”. Meet the 16th amendment to the United States Constitution: AMENDMENT XVI Passed by Congress July 2, 1909. Ratified February 3, 1913. Note: Article I, section 9, of the Constitution was modified by amendment 16. The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

I have been hearing from multiple clients about these phone call tax scams. The IRS will not make calls demanding payment and requesting personal information. Be careful and don't get scammed.