The IRS is NOT calling! (part 2) By Kelly J. Bullis, CPA

Nancy Bullis Kelly's Articles

The IRS is NOT calling! (part 2) I can’t believe it!  I just am sooo amazed at how scared most folks are of hearing the name … “IRS”  Oooooh!  Sends shivers down my back…NOT! Look, our firm deals with the IRS on a regular basis on behalf of our clients, for all kinds of situations.  So what I’m about to …

Modern Day Cattle Rustlers…

Nancy Bullis Kelly's Articles

In the old days of the Wild West, the “bad guys” were usually bank and/or train robbers, and cattle rustlers. The U.S. Marshalls (and the Pinkertons) focused pretty much on catching the bank and train robbers, leaving the poor ranchers on their own to deal with them lousy rotten cattle rustlers.  (Cattle rustlers were usually cowboys gone bad.) Now imagine …

Reducing the Risk of Embezzlement By Kelly J. Bullis

Nancy Bullis Kelly's Articles

Recently, there have been quite a few news stories in Carson City about local businesses falling victim to embezzlement.  It even reached into the Carson City Sheriff’s office last year. Most small businesses can only afford one bookkeeper who “does it all.”  Unfortunately, that is how embezzlement most likely occurs.  One person with no oversight or accountability, having access to …

TAX TIPS (and other stuff) By Kelly J. Bullis, CPA

Nancy Bullis Kelly's Articles

Start End Of Year Tax Planning Now Happy Nevada Day!  Howdy Doody!  It’s now only 52 days till Christmas and 60 days until 2016!  Wait a minute!  I know I was just celebrating the 4th of July recently.  How did we get here so fast? If you owed taxes last year (for 2014 returns) and would like to avoid that …

Use the 0% Capital Gains Rate To Maximize Savings, By Kelly Bullis

Nancy Bullis Kelly's Articles

Anybody out there dabbling in the stock market?  Do you own any qualified dividend producing stock?  Here are some thoughts on how to maximize your tax savings. First, you need to know the “rules” of the game.  Basically if your tax bracket is no higher than 15%, then any income earned on Capital Gains and/or Qualified Dividends is taxed at …

Repeal the “Commerce Tax” By Kelly J. Bullis, CPA

Nancy Bullis Kelly's Articles

Repeal Commerce Tax (Gross Margins Tax v2) Remember that movie where the character opens his window and screams, “I’m mad as h_ll and I’m not gonna take it any longer!” Well, the more folks I talk to, when they find out the details of this new Commerce Tax, they usually come pretty close to that frame of mind. One of …