From the tax Tag

IRS Adopts Taxpayer Bill of Rights

In time for its wave of letters and inquires resulting from the 2014 filing season, the Taxpayer Advocacy Service of the IRS has issued a revised Taxpayer Bill of Rights.  The effort is made […]

Business Use of Home Office – Good or Bad?

Is claiming the business use of your home office a good or bad idea? In a word, “Bad!” Why? Especially when the IRS just made it simpler to claim the deduction starting in 2013. […]

IRS Report Card for 2012

Ever wonder how the IRS is graded and how it’s doing? Most of us have a perspective but the National Taxpayer Advocate (currently Nina E. Olson) is tasked with the specific job of reporting […]

Can Taxes be discharged in Bankruptcy?

Just about everyone you talk to says that Taxes can’t be discharged in bankruptcy but is that really true? Some taxes, particularly income taxes, CAN be discharged in a bankruptcy proceeding if they meet […]