Posts Tagged ‘Accounting’
Taxpayer Advocate Service at the IRS Nationwide Tax Forums
Each year, the Taxpayer Advocate Service (TAS) participates in the IRS Nationwide Tax Forums, a three-day series of tax education and networking conferences for tax professionals.
Read MoreTax Collection and Payment Alternatives
The IRS may take action to collect money if you do not pay the taxes you owe in full, if you do not pay the taxes you owe on time or if you do not make arrangements with the IRS to develop a tax payment plan.
Read MoreImplications Of Filing An Extension For Your Tax Return
Tick… tick… tick…
That’s the sound of the tax-filing clock winding down to April 15. What if you don’t think you’ll make the deadline? The consequences may not be as serious as you fear — if you take some simple steps before the deadline.
Read MoreAlert: Beware of Phishing Scam Mentioning TAS
The Taxpayer Advocate Service (TAS) recently learned of an email phishing scam currently circulating in which taxpayers are receiving emails purporting to be from TAS and bearing the TAS logo. The email contains a link to a fraudulent website that solicits personal information including names, personal contact information and income details. Please be advised that this is a scam and should be immediately reported to the IRS.
Read More“Dirty Dozen” Tax Scams
The Dirty Dozen are the 12 most prevalent scams detected by the IRS. Taxpayers should take precautions to avoid these and other suspicious activities of scam artists. The following scams make up the IRS’s 2012 “Dirty Dozen” listing.
Read MoreThe Importance of Good Recordkeeping
Benjamin Franklin once said: “An ounce of prevention is worth a pound of cure.” When it comes to record keeping, the 18th century inventor could not have been more correct. In the event that a natural disaster strikes your home or office, being well organized and redundant in your record keeping can save you or your loved ones considerable time and effort getting life back to normal when the dust settles. Here are a few useful tips any taxpayer can use to help minimize potential damage.
Read MoreReducing the Burden of Organizing Your Tax Information in 3 Basic Steps
The stress of tax season is upon us, but there are ways that you can make sure everything is all in order when it comes time to file your taxes. Here are some easy tips for keeping tax info organized, so you can stay on top of your taxes all yearlong and nothing gets lost in the craziness of tax season!
Read MoreMissing Your Form W-2?
You should receive a Form W-2, Wage and Tax Statement, from each of your employers for use in preparing your federal tax return.
Read MoreWhen to File an Amended Return
Oops! You discovered an error after filing your tax return. Should you file an amended return? The answer depends on the type of error.
Read MoreDeductible Home Offices
Whether you are self-employed or an employee, if you use a portion of your home exclusively and regularly for business purposes, you may be able to take a home office deduction.
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