This blog is a collection of questions from clients and the answers. The goal of the blog is not to answer the questions you might have. Most times the answers are based on each client’s personal situation. Please do not rely on thisinformation to make important financial and tax decisions. The advice presented here is presented to give examples of the type ofinformation you get as a client of a true tax professional, like Ray Simmons and the preparers he employs. Advice regarding similar issues for you should be based on your personal situation.
Treasury Department Circular 230 Notice. “To ensure compliance with Treasury Department Circular 230, prospective clients are hereby notified that: any discussion of Federal Tax Issues contained or referenced to in this communication is not intended or written to be used and cannot be used by the prospective client or investor for the purpose of avoiding penalties that may be imposed on them under the Code.” Such discussion is written in connection with the promotion or marketing by Ray Simmons Corporation of the transactions or matters addressed in this correspondence