Category Archives for AUDITS, APPEALS, & LITIGATION
Beware of Phony IRS Collectors
Beware of Phony IRS Collectors As Uncle Sam begins to crack down harder on tax matters, scammers are cashing in. As summer sizzles on, the IRS scams are heating up! The IRS has a program that uses private
Read MoreNew Changes to U.S. Citizenship & Immigration Services I-9 Form
New Changes to U.S. Citizenship & Immigration Services I-9 Form • Newest form has a revision date of 07/17/17 N at the bottom • New form must be used starting September 18, 2017 or can be used
Read More4 Costly Government Penalties Retirees Will Want To Avoid
Retirees dealing with the challenge of making their nest eggs last as long as their lifetimes are often surprised by the devastating impact that taxes often have on their cash flow. While many people are
Read MoreYou Can Deduct Mortgage Interest on Your Vacation Home
You Can Deduct Mortgage Interest on Your Vacation Home If you own, or are considering the purchase of a second home, as long as you’re not renting it out for extended periods, you might be able to
Read MoreTax Breaks When Moving to Take Your First Job
There are Tax Breaks when Moving for Your First Job! If you meet the criteria for the “distance test” you can deduct the cost of hiring movers and traveling to a new home. If you are moving
Read MoreClaiming the Saver’s Credit on Your Tax Return
Save Twice with the Saver’s Credit, on Your Tax Return If you are a low-to-moderate income worker, you can save two ways for the same amount. With the saver’s credit, you can save for your retirement
Read MoreThe Least Tax-Friendly States in the U.S.
Depending on where you live – or own property – high sales taxes, income taxes, property taxes or gas taxes could slowly drain your funds every time you pull out your wallet, costing you thousands
Read MoreTrust Fund Recovery Penalty
Trust Fund Recovery Penalty Every business is expected to submit the necessary employee-related tax deposits to the IRS every year. If a business doesn’t pay these taxes, the IRS will issue a Trust Fund
Read MoreHow Trump’s Tax Reform Will Affect Businesses in 2018
In 2018, American business owners will be paying taxes according to the new tax rates. The tax plan coming into effect in 2018 contains a number of changes that may impact pass-through entities such as
Read MoreSave Twice with Saver’s Credit on Your Tax Return
If you are a low-to-moderate income worker, you can save two ways for the same amount. With the saver’s credit, you can save for your retirement and save on your taxes with this special tax credit. If
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