Irs Tax Issues, Refund And Tax Preparer Scam
and money, read a book that is giving you so much knowledge so that when you get calls or letters about your taxes, fraudulent calls from collection agencies or even those so called ‘debt consolidation’, ‘debt reduction’, and ‘debt management’ companies or others, you [...]
Irs Summarizes Alternative Minimum Tax Changes For 2009
The IRS recently put on its web site a summary of changes made to the Alternative Minimum Tax for 2008 and for 2009. While the 2008 information isn’t of much interest to those who already have filed their 2008 tax returns, it certainly is [...]
What’s The Irs Audit Process?
The IRS conducts thousands of audits on taxpayer’s tax returns every year. Audits come in three forms: Correspondence, Face-to-Face, and Field. If you are selected for an audit, it does not mean that you have done anything wrong. What it does mean is that the IRS needs [...]
Correspondence From The Irs – Yikes!
It’s a moment every person dreads. You pick up the mail and there is an envelope from the IRS. It’s not a refund check. What do you do?
Don’t Panic Each year, the IRS sends out millions of ‘correspondence audits’ to taxpayers to request payment of [...]
Irs Normal Retirement Age
It is fascinating to note that the IRS speaks of their IRS normal retirement age so often that it’s been relegated its own acronym or three initialsNRAwithin their own publications. A normal retirement age usually refers to an age that has been set forth within a retirement plan. [...]
The Most Common Irs Audit Myths
Having a home office is an audit red flag. This myth was more popular when fewer people had home offices, but is definitely not true these days. Home offices are quite common today, and it alone will no longer flag you for an audit. However, that [...]