The U.S. Supreme Court recently heard oral arguments in a tax case in which both attorneys and CPAs offered advice. At issue is the question of whether a communication involving both legal and nonlegal
Read MoreFor once, the "IRS vs. celebrity" terror tale isn’t a story about the IRS crushing a celebrity under its heel – it’s an underdog tax resolution tale of a star fighting back! This summer, actor Charlie
Read MoreThe Internal Revenue Service admitted that some married couples received erroneous or incorrect balance due notices for their 2021 tax returns.The IRS added that no immediate response to the notice or
Read MoreIt’s definitely not likely you’ll hit big. But if you win, you could be happy for years to come – no matter what the naysayers tell you about winning a lottery.Your Chances of Winning Big are Itty
Read MoreTax law has an exception for unconventional “homeowners”. If you are able to “itemize” your deductions, you can deduct the mortgage interest payments even when the deed to the house and the mortgage
Read MoreTo protect your privacy, IRS employees won't talk to just anyone about your taxes. To give them permission to discuss your taxes with someone other than yourself, the IRS will need a power of attorney
Read MoreNote: you should refer to a tax attorney. Tax attorneys have the highest level of representation and credentials and can offer more options to you compared to a CPA or an enrolled agent. You need to know
Read MoreThe past year was unique in a number of ways that will impact the rapidly approaching filing season. Continued implementation of the Tax Cuts and Jobs Act, plus the pandemic-response legislation such as
Read MoreAn Identity Protection PIN from the IRS can help protect your tax return from potential fraud.Identity theft and tax refund fraud are issues no one wants to spend time thinking about – but everyone should.
Read MoreThis year stands to be very confusing for tax filing, so some good advice is to file early and electronically for the 2021 tax season.The surging pandemic. Confusion over who gets a stimulus payment. An
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