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
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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 →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 →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
Read more →The unmarked vehicles arrived in the morning. More than 20 armed agents poured out. Hours later, Mii’s Bridal & Tuxedo was out of business after serving customers for decades. Its entire inventory of wedding gowns and dresses as well as
Read more →Dealing with the IRS can be overwhelming, making life feel like it’s falling apart. Uncertainty about the future may be mounting as you try desperately to find a way to pay a debt that you have little or no funds
Read more →If a joint tax return is filed by a married couple, and the taxes are not paid or the IRS comes in and audits – asserting that additional taxes are due – a spouse may be entitled to be excused
Read more →CPAs, Enrolled Agents and attorneys are part of a privileged group that can represent taxpayers at all levels before the IRS, yet many choose not to extend their practice when collections issues arise. For those that do, there are some
Read more →Couples who elect to file a joint tax return enjoy many advantages. But when you do file jointly, know that both spouses are “jointly and severally liable” for the taxes owed. This means if one spouse is a tax cheat,
Read more →If you are one of the millions of taxpayers who owe back taxes to the IRS there are certain actions you can take to protect yourself from garnishment.
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