Categories for Uncategorized

IRS Seeking to Return $164 Million in Refund Checks

Submitted by admin on Fri, 11/19/2010 - 12:00 am

The IRS is seeking to return over $164 Million dollars in refund checks that have been returned to them as undeliverable because of bad mailing addresses. Commissioner Douglas Shulman has stated, “If you think you are missing a refund, the...


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How Will the Election Impact Your Taxes

Submitted by admin on Tue, 11/2/2010 - 12:00 am

As Americans stomp to the polls rather loudly today in an effort to have their voices heard, the Bush-era tax cuts are about to expire, and with a lame-duck session of Congress it’s impossible to predict what flippant actions will...


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American Tax Relief Sued by FTC

Submitted by admin on Wed, 9/29/2010 - 12:00 am

American Tax Relief has been sued by the FTC for allegedly engaging in deceptive practices. Their website has been taken down and the following is posted on their homepage, and their phones are not being answered: The Federal Trade Commission...


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IRS Files $350K Tax Lien Against Designer Vera Wang

Submitted by admin on Wed, 9/22/2010 - 12:00 am

The IRS filed a tax lien against fashion designer and icon Vera Wang on August 13th, 2010, for the amount of $349,781.38, according to records filed with the New York City’s Department of Finance. Apparently, Mrs. Wang, married to successful...


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President’s Economic Advisory Board Report on Tax Reform

Submitted by admin on Thu, 9/16/2010 - 12:00 am

The President’s Economic Advisory Board released its report on Tax Reform last month, and it’s a big read at 130 pages, but the overall summation seems a bit contradictory to what the President is saying, or maybe what he is...


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Employee vs Independent Contractor?

Submitted by admin on Mon, 8/30/2010 - 12:00 am

Most small business owners often wonder if they can hire someone as an “independent contractor”, or should they be an “employee”. There are obvious benefits from a tax perspective to hiring an “independent contractor”, but be careful, many small businesses...


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IRS Tax Tips for Military Members

Submitted by admin on Mon, 8/30/2010 - 12:00 am

Here are 10 IRS tax tips military members should keep in mind this year to help with filing a tax return next year. Moving Expenses – If you are a member of the armed forces on active duty, and you...


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IRS Collections Stance on Economic Hardship

Submitted by admin on Fri, 8/13/2010 - 12:00 am

It is well known that the IRS Appeals will issue unfavorable determinations on over 46% of all Tax Levy CDP (Collection Due Process) cases when a taxpayer is not in compliance with filing all of their tax returns, regardless of...


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Taxpayers Rights Being Violated Says TIGTA

Submitted by admin on Wed, 7/28/2010 - 12:00 am

July 9th, 2010, the Treasury Inspector General for Tax Administration (TIGTA) announced that immediate actions are needed to protect taxpayer rights regarding IRS tax liens. When the IRS files a notice of Federal Tax Lien, they MUST notify the taxpayer...


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