From the chandler tax attorney Tag

Tax Fraud – Who’s Problem is It?

The IRS reported a substantial increase in fraudulent tax returns over the past 18 months. It’s now climbing to the multi-billion issue. Congress and the Department of Justice are now involved with hearings planned […]

…And the Latest Tax Scam is…

On the anniversary of the corporate tax return deadline and just 30 days away from the personal deadline our attention has clearly shifted to tax preparation issues. This year has a new (SIGNIFICANT) wrinkle […]

Minimize Tax Liability with the Annual Gift Tax Exclusion

The end of the year is an important time to take a quick look at your tax position and make sure that you have done all you can to minimize your tax liabilities. Individuals […]

A Tax Planning Tip for the Small Business Owners

Year-end is approaching and now’s a great time to take a few fine-tuning steps to improve your tax situation. But be careful – many end-of-year tax planning “tips” really amount to giving away your […]

IRA Roll-Overs – Now the limit is ONE!

So you have an IRA and you don’t like who’s managing it or your options in it. The solution was simple – just roll it over to someone or something else. The roll-over was […]

Republican Majority May Mean Tax Reduction

With the election behind us and the Republican Party now controlling both the House of Representatives and the Senate, tax reform is squarely on the agenda. Republicans have long proposed that a major overhaul […]

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 […]

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 […]

Upcoming 2013 FINAL Tax Deadlines

If you filed an extension for your 2013 tax returns, you bought yourself a little more time to finish the forms and get them submitted. But those deadlines are quickly approaching. Here they are: […]