No one wants a visit from the Internal Revenue Service. But if you get too generous with your calculations, you may need to back up your tax return.
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What You Need to Do If You Plan to Travel Abroad and Have Unpaid Federal Taxes WRITTEN BY: Rosenberg Martin Greenberg LLP Last week, the Internal Revenue Service (“IRS”) published another friendly reminder that it was recently vested with the
Read more →It’s not your imagination: It really is a different kind of tax season. It’s so different that the National Taxpayers Union Foundation (NTUF), a nonpartisan research and educational organization, is calling on Congress to extend the filing season. by Kelly Phillips
Read more →TOPICS IN THIS ISSUE: NEW! For 2019…Tax Videos to help you understand new tax laws and deal with special situations. Surprise, no tax refund for you! What not to do if you owe the IRS. 5 Personal Finance Podcasts Actually
Read more →TOPICS IN THIS ISSUE: IRS Releases New Not-Quite-Postcard-Sized Form 1040 For 2018, Plus New Schedules Tax Trends Heading Into 2019 White House Says IRS Will Pay Tax Refunds During Government Shutdown AICPA and NCCPAP ask IRS to suspend tax penalties
Read more →Nobody really likes to think about his or her credit report. Even if you’re 99% certain that your credit is in good standing, requesting your annual credit report can be an exercise in anxiety. Imagine if you’re wrong. Maybe, all along, you didn’t really understand your report in the first place.
Read more →TOPICS IN THIS ISSUE: Individuals Who Need to Reconstruct Records After a Disaster IRS Warns About Tax Scams Related To Hurricanes, Wildfires & Vegas Shooting Tax Refund Fraudsters Already Had Much Of That Equifax Stolen Data Taxpayers Who Are Victims
Read more →White collar defense attorneys and accountants engaged to assist in investigations conducted by the IRS Criminal Investigation Division are familiar with these words: “… the tax loss … is … $550,000 to $1,500,000 …” By Edward M. Waddington and Ricardo J.
Read more →Taxpayer asks: What’s the difference in injured and innocent spouse? Years ago I separated and the IRS withheld my tax refund because of unpaid tax from my now Ex. Do I have any way to get that back? Ask the
Read more →Domestic abuse often includes control over finances. An important part of managing finances is understanding one’s tax rights. Taxpayers have the right to expect the IRS to consider facts and circumstances that might affect the individual’s taxes.
Read more →You probably didn’t think to run a credit check on your spouse before you got married. After all, love reigns supreme, right?
Read more →TOPICS IN THIS ISSUE: Top 5 Tips On How To Handle Back Taxes California Extends Offer In Compromise Program For Five Years IRS TAX TIP: Learn about Tax Benefits for Education I Owe Joint Taxes with My Spouse: What Do
Read more →Taxpayers who are victims of a disaster might need to reconstruct records to prove their loss. Doing this may be essential for tax purposes, getting federal assistance, or insurance reimbursement. IRS Tax Tip 2017-54, October 4, 2017 Here are 12
Read more →California’s Governor Brown has signed a bill (AB 525) which extends the life-span of the Board of Equalization’s (BOE) Offer in Compromise program for an additional 5 years. Offer in Compromise is a state program that allows small businesses to
Read more →Whether you need to file a tax return or not depends on your gross income, filing status and age. Generally, you’re not required to file a return if you’re under the filing threshold which is the combination of your standard
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