The busy tax season is a prefect time for IRS scams. Check out this email one of our client’s received.
Top 10 Tips for Getting Your IRS Taxes Prepared
We review the Top 10 Tips for getting your IRS taxes prepared. The goal is to help you choose a good tax preparer and to watch out for potential pitfalls. Continue reading…
IRS Charitable Contributions Recordkeeping Tax Rules
Donating to charitable causes is a good thing. You are helping others in need. For your generosity, the IRS allows you to claim a tax deduction. If you donate to charities, you should understand the basic record keeping rules for claiming a tax deduction.
IRS Tax Penalties Abatement
It seems the IRS charges penalties for everything. IRS Penalty for filing a return late. IRS Penalty for paying taxes late. IRS Penalty for not paying enough estimates. IRS Penalty for not filing 1099s. IRS Penalty for …. The list goes on. If you have reasonable cause, the IRS will abate IRS Tax Penalties.
Offer in Compromise Settlement Effective Tax Administration
Offer in Compromise Settlement based on Effective Tax Administration is not common. There must be an exceptional circumstance to qualify for this type of Offer in Compromise Settlement.
IRS Offer in Compromise Doubt as to Liability
There are three different types of IRS Offer in Compromise. An IRS Offer in Comprise based on Doubt as to Liability is a less popular type.
Offer in Compromise Help Doubt as to Collectability
Offer in Compromise is an IRS program to settle your taxes for less. There are three different types of Offer in Compromise. This blog reviews Offer in Compromise Doubt as to Collectability.
IRS Itemized Deductions – Get Prepared
Joy to the world, tax time is just around the corner. I know you are excited. Ok, probably not. We CPAs and accountants are a unique breed. We get excited to work every day and night for three months straight to get everyone’s tax returns filed on time. Filing taxes is a necessary evil. It is best to prepare for tax time by reviewing your itemized deductions in December. You may be able to gather additional deductions before the year ends. Review this list of IRS itemize deductions.
Seminar on Divorce & Family Law
Livingston Interdisciplinary Professional Association (LIPA) is offering a free seminar on divorce and family law. LIPA’s mission is to inform and guide Livingston county couples and families in order to reach smarter, more helpful and less costly outcomes in divorce and family law situations through non-court processes.
How to Settle Tax Debt?
Can you settle tax debt? It does not seem possible. Why would the IRS accept less than what is owed?
The IRS will settle tax debt and accept less than owe. You must qualify.