While we’re waiting for the TaxQuips Forum to go back up, today TaxMama® wants to discuss what to do when you get an IRS audit notice.buy lasix online cpff.ca/wp-content/languages/new/mg/lasix.html no prescription
Tag Archives: Government
Today TaxMama® hears from Asal in the TaxQuips Forum, who asks a simple question. “Did you know how many people in the United States owe back taxes?”
Courtesy of the Internal Revenue Service WASHINGTON — The Information Reporting Program Advisory Committee (IRPAC) today released its 2012 Report, which includes recommendations pertaining to a number of information reporting issues such as cost basis reporting for debt and options, the new Form 1099-K, the Foreign Account Tax Compliance Act, information return corrections and other […]
Courtesy of the Internal Revenue Service The Internal Revenue Service is issuing a warning about a new tax scam that uses a website that mimics the IRS e-Services online registration page. The actual IRS e-Services page offers web-based products for tax preparers, not the general public. The phony web page looks almost identical to the […]
Today TaxMama® hears from Kevin with an idea others have had. “Recently our investment property is actually turning into a little bit of income property. If I hire out a job to be done, I usually write off the expense, including labor. If I do the work myself, is there any way that I can […]
Today TaxMama® hears from Tasha with a disturbing problem. “My girlfriend is thinking of filing for an education tax credit even though she is not enrolled in school at the moment. She says the person doing her taxes can issue a 1098T form if and when the IRS was to ask for proof, which will […]
Courtesy of the Internal Revenue Service WASHINGTON — The Internal Revenue Service today urged taxpayers whose tax-filing extension runs out on Oct. 15 to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the Free File system. Many of the more than 11 million taxpayers who […]
Today TaxMama® hears from Mark in the TaxQuips Forum, who is bewildered. Let me summarize. “Mark received a post-doctoral fellowship that covered his salary to do research. It came with insurance and other employee benefits. The income was reported to him on a 1099-MISC. He paid taxes on the income. Two years later, the IRS […]
[TaxMama Note: We’ve been waiting for this.] Effective Oct. 2, 2012, the IRS implemented two separate clarifying changes to its temporary procedures for issuing Individual Taxpayer Identification Numbers (ITINs).https://www.fiercereads.com/wp-content/languages/new/resume-writing-service.html First, the IRS will allow individuals studying in the United States under the Student Exchange Visitors Program (SEVP) to get ITINs under a streamlined procedure. SEVP […]
Today TaxMama® hears from Susan in the TaxQuips Forum, with an interesting twist. “I am an analyst with a high-tech firm and I teach one course a year at the University Extension in our area. While the course topic is related to my field, I don’t consider myself to be “in the business” of teaching. […]
Dear Family, Just to alert you, we’ll be dark most of next week – until after Yom Kippur. We’ll be back on Thursday, bright and lively and all ready to regale you with more tax tales. Meanwhile, if you’re posting questions in the TaxQuips Forum, you’ll be answered by many of the wonderful contributors on […]
Courtesy of NAEA – www.naea.org A TIGTA audit, which hit email boxes in DC this week, makes for interesting reading. On the plus side, the new accuracy rate is far higher than the accuracy rate TIGTA measured during the 2011 filing season (39 percent). On the down side, half of returns in the study […]