Mark December 7, 2016 on your calendar as the beginning of Tax Reform! It’s likely a date that slipped by pretty much everyone but I’m saying it’s the beginning of a continuing series of […]
From the Author Archive
For the past few years the IRS seems to constantly find itself on the negative side of national press. Most recently the US House of Representatives has entertained the possibility of impeaching IRS Commissioner […]
The perception that the IRS is a very powerful organization is widespread. Special privileges for collection, a preference for intimidation, and the disregard for equity that’s splashed the IRS news for the past decade […]
It goes like this. Someone calls and tells you (or leaves a voicemail) that this is your last notice or the IRS will be filing a lawsuit against you. You’re directed to pay immediately […]
The IRS announced today the filing deadlines for the 2015 tax year. The IRS will begin accepting 2015 returns on January 19, 2016. S-Corporation and Partnership Returns are due on March 15, 2016. Extension […]
One of the most common letters our clients receive from the IRS is a penalty assessment letter associated with their business entity. And the good news is that the penalties can often be waived. […]
Congress reduced the IRS Budget Allocation approximately 7% from 2010 to 2014, then reduced the budget allocation another 3% from 2014 to 2015. Now it appears likely the IRS will be operating on even […]
Just when it seemed like the media attention given to the story of the lost IRS emails had died down, a new development has arisen. Lois Lerner, the IRS official who claims to have […]
The phrase “it’s a seller’s market” in real estate means that if you are looking to sell your home, you should expect plenty of buyers looking for homes and could reasonably expect top dollar […]
The IRS rules allow the Service to collect a certain portion of your income as a tax. This means every year you have to file an income tax return, and report what you made. […]