by Harry | May 4, 2016 | News & Tips
According to a new report from the Treasury Inspector General for Tax Administration (TIGTA), the Internal Revenue Service plans to adjust its procedures and technology to efficiently identify the outstanding tax debts of small business owners, and subtract the...
by Harry | May 3, 2016 | News & Tips
According to recent reports, authorities have identified over 200 Americans in the leaked Mossack Fonseca FBAR documents. The Internal Revenue Service (IRS) is sending a message to these offshore account holders – come clean before officials discover any illegal...
by Harry | Apr 26, 2016 | News & Tips
The Treasury Inspector General for Tax Administration (TIGTA) has received reports that callers impersonating the Internal Revenue Service (IRS) employees are requesting payments on iTunes Gift Cards, Green Dot Prepaid Cards, MoneyPak Prepaid Cards, Reloadit Prepaid...
by Harry | Apr 20, 2016 | News & Tips
Is filing jointly really such a good idea for married couples? Many couples put little or no thought into filing statuses, and yet the standard choice of filing jointly can lead to a bevy of problems. For example, when you file jointly, each spouse is 100% liable for...
by Harry | Apr 15, 2016 | News & Tips
Beware the phone fraud of Internal Revenue Service impersonators. It’s tax season, and with it comes scam phone calls targeting taxpayers in just about every state. The Treasury Inspector General for Tax Administration (TIGTA) is urging taxpayers to be aware of the...
by Harry | Apr 11, 2016 | News & Tips
As of March 28, 2016, the IRS Collection Financial Standards have decreased. So what does does this mean for you? These standards refer to your ability to pay a delinquent tax liability, outside of your necessary expenses. Necessary living expenses for health,...
