We’re regularly dealing with the IRS as we represent taxpayers in audits. Occasionally they’re from returns we’ve prepared and much more often they’re involving returns we didn’t prepare. No matter the source, audits are […]
From the nielsen law group Tag
The Department of Revenue for the state of Arizona recently released a statement informing taxpayers that the 1099-G forms it had issued contained incorrect information. The issue is that the 1099-G forms restated the […]
For decades, we’ve all dreaded the task of tracking vehicle miles for tax purposes. But it’s always a good idea, always something the IRS Agents ask for in our office whenever auto expenses are […]
You’re going to love this one but you’ll need a little background in two areas first. BitCoin is an emerging form of currency that’s essentially tracked as an electronic balance instead of printed on […]
Taxes themselves are a hassle. But even worse is the prospect of an audit after you’ve filed. So knowing what increases and decreases the probability of an audit is something we’ve made our business. […]
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 […]
The Revenue Code generally requires that taxpayers depreciate the costs of durable goods and equipment over the life of the item. Because it is a durable good, the IRS would say that a $10 […]
With the election of Donald J. Trump as the next President, and both House and Senate now in control of Republican hands, a tax reform bill has a very real chance of becoming law. […]
How about some good news associated with taxes? Here’s the scenario – you decide to pull funds out of a retirement account so you can put them in a new one (reasons to do […]
We’ve reported several times in the past about the ongoing cuts to the IRS budget – now at just under $11 Billion. A new report released earlier this month by the Treasury Inspector General […]