If you plan to start a new business, or you’ve just opened your doors, it is important for you to know your federal tax responsibilities. Here are five basic things to know as you […]
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So here’s the situation, interest rates have dropped and you want to refinance your home at a better rate. But you can’t because you also owe money to the IRS and they’ve filed a […]
If you plan to start a new business, or you’ve just opened your doors, it is important for you to know your federal tax responsibilities. Here are five basic things to know as you […]
If you’re associated with the IRS in any way right now you’re probably in turmoil. The agency as a whole is the subject of a number of controversies. Congress is conducting an extensive review […]
The controversy involving the IRS continues to stir with the most recent revelation being the exorbitant amounts of money spent by the IRS on conferences, particularly for its self-employed and small business units. It […]
We’re often asked about record keeping requirements. So here’s a general overview of what’s required, and for how long. Then we’ll make some recommendations about how to best comply. To establish that expenditures occurred, […]
The IRS has an annual current budget of about $12 Billion but has been tasked with reducing the budget by about $600 million in 2013. In addition, lots of tax changes and the IRS’s […]
The IRS reports that it sends millions of letters and notices each year to taxpayers for a variety of reasons. While rarely welcome, there are a few things to keep in mind if one […]