The Taxpayer Advocate Service (TAS) is an independent organization within the IRS. TAS helps financially distressed taxpayers who can no longer provide basic needs for themselves such as housing, food and transportation. TAS also […]
From the 'Taxation' Category:
Often times a spouse, or former spouse, may receive an enormous tax assessment from the IRS and have no idea why. It might just be that the tax liability is the result of tax […]
Two prominent Phoenix businessmen were sentenced to 10 months in prison for failing to report over $8 million they controlled in Swiss bank accounts. According to trial evidence, the businessmen filed false tax returns […]
Late filing penalties are assessed by the IRS any time you file a return later than the specified deadline. And while it’s possible to have these waived if you can show “reasonable cause,” the […]
No matter how careful we are with taxes, the threat of an audit seems to lurk like a bad dream in the recesses of taxpayers minds. But how likely is an audit. Well, here’s […]
The IRS just released the 2014 tax filing season statistics and the biggest news is that both the number and amount of refunds are up. While there are still a few months to the […]
There are several advantages to filing your own tax return. If you’re not already, you’ll definitely become intimately aware of the financial details of the last year. You’ll know every number and have a […]
If you owe the IRS, you have options. There are lots of programs, lots of new arrangements and lots of strategies to address it. And the options range from some provided by the IRS […]
The U.S.A. has some of the most complicated tax laws in the world. But it’s not likely you’ll be able to get much help interpreting them from the IRS. In 2014, the IRS will […]
Congress finally reached agreement on spending. Republicans and Democrats have been wrangling for some time to reach consensus on how the government would be funded in 2014. The 4th quarter shut-down highlighted the deep […]