# Stephen Lee
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stephen lee (born 12 October 1974) is an English currently banned professional snooker player. He turned professional in 1992 and was ranked in the top 16 between the 1997/1998 and 2007/2008 snooker seasons, reaching a career-high of fifth in the rankings. He won five ranking titles between 1998 and 2006, reached the semi-finals of the 2003 World Championship and the final of the 2008 Masters.
IRS Tax Penalties Explained by a CPA
Stephen Lee CPA explains the significant 2026 minimum late-filing penalties from the IRS, which can quietly add thousands in penalties even without fraud or audit. We'll cover the potential costs for individuals and partnerships, emphasizing the importance of timely tax filing to avoid these issues…
How to Mail Your Tax Return Safely in 2026: Avoid IRS Pitfalls!
Avoid the USPS Postmark Trap: How to Prove Your Tax Return Was Filed On Time
CPA Stephen Lee explains the “USPS postmark trap” that can make a tax return mailed on April 15 (or March 15) appear late if the postmark is dated after the deadline due to processing delays at regional facilities. Becaus…
IRS Questions Everyone Is Afraid to Ask (Answered by a CPA)
#IRS red flags #Can IRS see your bank account#IRS audit explained #Business losses IRS rules
IRS FAQ: Business Losses, Declining Income, Bank Accounts, TOD Deeds & Deduction Rules
Stephen Lee CPA answers common taxpayer questions: how the IRS treats multi-year business losses after COVID, explain…
Tax Extensions Explained: Why High Earners Don’t File in April
Why High Earners File Tax Extensions (And How It Can Save You Money)
CPA and certified private wealth advisor Stephen Lee explains why many wealthy taxpayers strategically file tax extensions, emphasizing that an extension extends time to file—not time to pay. He outlines 2026 filing deadlines and…
The SALT Deduction Loophole High Earners Are Missing and IRS Cracking Down on Gambling Winnings
The $300 Gambling Trap + The New $40,000 SALT Cap (Most People Are Getting This Wrong)
Stephen Lee, CPA and certified private wealth advisor, explains how small tax reporting mistakes can trigger IRS issues, focusing on gambling income reporting and the new 2025 $40,000 SALT cap for single filers.…
Reasonable Compensation for 1099 Physicians
If your S-Corp earns $500,000 as a 1099 physician, someone will tell you to pay yourself $80,000 and take the rest in distributions. The IRS disagrees. Your salary must be reasonable. So what should it actually be, and can you defend it in an audit?
In this episode, CPA and certified private wealt…
Ten Doors
Tim Jenkin was a member of the ANC (African National Congress). The organization had been declared unlawful in South Africa, seen by the white minority as a threat to public order. In 1978, Tim Jenkin was charged under South Africa’s Terrorism Act for disseminating anti-apartheid material and sente…
What 1099 Physicians can actually deduct
If you're a 1099 physician earning $350K or more, you've probably heard advice like "just write it off" or "put the car through the business." But that's not how the tax code actually works. In this episode, CPA Stephen Lee, founder of The Locum CPA, breaks down what self-employed physicians can le…
Tax planning for 1099 physicians earning $350K+
If you're a 1099 physician earning $350,000 or more, tax deductions are only the beginning. The real opportunity is in how your entire tax structure works together, your entity, your S-Corp salary, your retirement plan, your quarterly estimated payments, your state tax footprint, and how money actu…
The TCA Live – Episode 3 – Hiroshi with RAC Director Stephen Lee VA6SGL
In episode 3, Hiroshi sits down with RAC Director Stephen Lee VA6SGL, and discusses working on old radios, radio projects, and other topics.
Dans ce troisième épisode, Hiroshi s'entretient avec le directeur de RAC, Stephen Lee (VA6SGL), et discute de la restauration de vieilles radios, de projets …
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