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- Top 6 Reasons You Should NOT File for An Extension on Your Tax Return
- Minnesota Slams Turbotax and Other Intuit Products over Tax Filing Software Problems
- Energy Costs Rise as Tax Incentives Fade
- Has Your 2012 Roth-Converted IRA Declined in Value?
- Alarming New IDES Audit Policy!
- Another Tax Scam
- Use QuickBooks’ Tools – and Common Sense Procedures – To Prevent Financial Fraud
- IRS Encourages Taxpayers to Limit Use of “Where’s My Refund”
- Prepared for the New Surtax?
Category Archives: IRS Tax Problems
Can’t Pay Your Taxes by the April Due Date?
The vast majority of Americans get a tax refund from the IRS each spring, but what if you are one of those who end up owing? The IRS encourages you to pay the full amount of your tax liability on … Continue reading
IRS Offers New Penalty Relief Options
The IRS announced several new penalty relief options for taxpayers that should offer much needed relief for those finding themselves unable to pay their taxes. There are several new provisions: Penalty Relief To assist those most in need, a six-month … Continue reading
Posted in Back Taxes, IRS Tax Problems
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Schedule Cs in the IRS’ Bull’s-eye
Schedule C is the form that unincorporated sole proprietor businesses use to report their income and expenses as part of their individual tax returns. Schedule Cs have been center stage in recent IRS “tax gap” estimates. The tax gap is … Continue reading
Posted in Choice of Entity, IRS Tax Problems, Tax audits
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What Happens in an IRS Audit?
Have you received an IRS notice that your tax returns are being audited? What should you expect? An IRS audit can be a nerve-wracking experience. The IRS audit process is fairly simple when you boil it down to what the IRS … Continue reading
Posted in IRS Tax Problems
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