Many students and parents face large tuition bills and loan debts that they fear they will be paying off for many years to come. Fortunately, the federal government recognizes the...
Posted by Maureen Thielen, EA, MST on 04/05/2017
The IRS has been much less likely to audit in recent years in part because of cutbacks to their staff and in large part because of past political instructions to generally ignore many...
Posted by Martin Radensky on 03/29/2017
For most taxpayers, the tax code is incredibly complex. If you have a business and have gone through an IRS audit, you probably wonder how to proceed. Especially when an adjustment...
Posted by RONNIE@RLDARDENCPA.COM on 03/29/2017
Fast Track Settlement is a program that the IRS has made available to small businesses and self-employed individuals. This initiative permits qualified taxpayers to settle their debt...
As per federal law, employers must withhold a specific amount from their employee salaries and wages and remit them to the Internal Revenue Service (IRS) as income and payroll taxes. An...
Posted by Maureen Thielen, EA, MST on 03/29/2017
After an IRS audit, most taxpayers have to ponder their next course of action, particularly if the proposed adjustment is something they do not agree with. Before going ahead with...
Posted by PB Tax & Accounting Services on 03/29/2017
The Internal Revenue Service (IRS) has recently intensified its focus on payroll tax crimes. Led by its watchdog, the Treasury Inspector General for Tax, the IRS released a report...
Posted by Joseph J. Gormley CPA on 03/28/2017
Taxpayers can reduce mistakes when filing their annual returns by using tax preparation software. Making a mistake while filing taxes can result in a higher tax bill or a lower tax...
The majority of American taxpayers are honest with their taxes. However, there exists a percentage of citizens who do everything possible to evade payment or to steal from unsuspecting...
Posted by Bottom Line Tax Services, LLC on 03/22/2017
