The “Means Test” is a major hurdle for anyone who’s considering filing a Chapter 7 bankruptcy. The Test consists of a financial analysis of income and allowable (necessary) expenses to determine how much “discretionary” […]
From the January, 2013
Only 1.0% of the population will be subjected to an IRS audit (7.0% if your income is over $1 million) but the thought of being the one in every hundred that is “selected” is […]
Ever wonder how the IRS is graded and how it’s doing? Most of us have a perspective but the National Taxpayer Advocate (currently Nina E. Olson) is tasked with the specific job of reporting […]