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6) The motion to withdraw the counsel of petitioners
was ordered from the court because Robert with CPA
background charging $200/hr and did not prepare
the 1040 forms either as the supporting document
to the court and both parties.
7) From the IRS booklets; When all the data are
available, the professionals require only hours to
fill out 1040 forms; Actually, back to 1995, when
auditor Jennifer was in CPA’s office to examine
the taxable year of 1991; The CPA took only half
hour to accomplish the 1040 forms with schedule C
to auditor for information when all the receipts
and cancelled checks were copied by the auditor.
8) The reason to use official 1040 forms was easy to
communicate with the other party and should any
number in doubt, the taxpayers can have receipts
or cancelled check or bank statement to prove it.
To prevent IRS examiners to hide or delete items
or made partial report to jump to the conclusion
misleading the judgments; It must have the 1040
forms to be as the reference. It does not matter
which 1040 forms to be used.
9) The petitioner has been in electronics industry
for 16 years and being laid off from July 1991 due
to the Eaton Corp. closed completely in Los An-
geles; Since the petitioners have no idea of ac-
counting/book keeping, every year must have the
CPA/tax specialist to prepare the 1040 forms.
10) In 1992, petitioner could not find the right job
after being laid off For almost one year starting
to do import/trade business using the Savings or
IRA funds to purchase the goods. The Cost of
goods in the year 1992 was Around $54,000 plus the
operation expenses of startup this new field of
business. Definitely, the operating expenses
(Schedule C) for this new trade business was far
more than the profits of selling the products. It
does not matter which official forms (1040 EZ or
1040A) to be used; The results of the income loss
(profits) should be the same.
11) It does not matter what method to be used to anal-
ysis the new startup business; The bank saving
dropping from 1991 to 1993 indicated the seeds
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