Tag Archives: Checks

Paying Past Due Taxes

Today TaxMama hears from Steve in the TaxQuips Forum with a reminder. He says, “After finding a true tax professional through one of the associations you suggested on this site, we feel much more confident, moving forward. We are now making voluntary payments with no installment agreement but designating the payments specifically to the Trust […]

Bank Subpoena

Today TaxMama hears from Jennifer in the TaxQuips Forum, with this question. “I work for a financial institution. We just received an IRS subpoena ordering us to turn over 4 years of checks and statements for one of our customers.  This will require a significant amount of manpower to put together, and we will also […]

Missing Checks

Today TaxMama hears from Susan in Florida, with this issue. “If the owner of a business is able to provide bank statement, but no copies of checks, can the owner provide a written statement defining the percentage that was spent in each category? For example. 5% spent on Utilities, 30% spent on advertising, etc.”