IRS Imposters Targeting Unsuspecting Taxpayers With Continuing Phone Scams

People all over the country are receiving calls from scam artists posing as IRS agents attempting to collect delinquent taxes. The level of deception goes fairly deep and is fairly complex. The imposters are […]

Discharging Debts in Bankruptcy

One of the main benefits of filing a personal bankruptcy case is to obtain a discharge (cancellation) of your debts. Whether you file a Chapter 7 or Chapter 13, when the court enters your […]

Missing Receipts to Either Prove Deductions or Respond to an Audit?

Don’t pay more in taxes simply because you cannot find all the receipts to prove your allowable deductions on your tax return, or open yourself up to an IRS audit because you move forward […]

The Taxable Difference Between Workers’ Compensation and Disability Insurance

Workers’ compensation and disability insurance both pay in the event of a debilitating injury, so it is easy to think of them as the same thing. But they differ in several very important ways, […]

IRS Writes Off $6.7 Billion without Checking

You’ve probably heard the horror stories of how the IRS pursues taxpayers to collect on alleged tax debts. Now we’re hearing that the IRS also writes off tax debts without making much effort at […]

Final Tax Deadline for 2014

If you haven’t already filed your taxes then you’ve got 15 days left to complete the job. Assuming you filed an extension before the original deadline (4/15/2014) you’re now approaching the end of the […]

Is Bankruptcy Right for YOU?

Most people are aware that bankruptcy can provide debt relief, but many don’t think it is the right time for them to file. There is no magic equation to apply to your circumstances to […]

IRS Audit Targets in 2015

The Government Accounting Office says that since FY 2010, the IRS has lost 10,000 employees and had its budget reduced by $900 million. More cuts are proposed for the 2015 IRS budget. Identity theft, […]

Employee or Independent Contractor – Make Them Pay Rent!

Recently we posted the details on the IRS requirements for determining the difference between employee and independent contractor. Recently, we became aware of the results of an IRS examination on this very point. The […]

Chapter 7 & Chapter 13 Bankruptcy

The two most common types of bankruptcy filed by individuals are Chapter 7 and Chapter 13. However, many people do not know the differences between these two types of filings and which type of […]