IRS tax audit
« Previous EntriesTougher IRS Regulation on Worker Misclassification
Saturday, October 1st, 2011Last week the IRS announced a new program aimed at business owners that requires reclassification of independent contractors as employees. I discussed the IRS New voluntary Worker Classification Settlement Program, which is particularly relevant in the case of small business owners, in detail last week.
The IRS is dedicated to tougher regulation on misclassification as the number of [...]
Tax Help Tips for the Self-Employed, Small Businesses and More
Wednesday, June 29th, 2011If you own a small business or a self-employed, check out these quick tax tips as well as some general advice for filing your tax returns. It’s never too late to learn these great tax-filing habits!
Home-based businesses – protect your business against an IRS audit by tracking your expenses. Save a copy of all business [...]
Tax Help: Year Round Tips for Good Tax Practices
Monday, June 20th, 2011It’s never too late to start practicing some tax self-help. Keep yourself on top of your taxes by adopting these great tax tips year round:
Good Record-Keeping – get yourself organized and make some room in your wallet! Keep track of your receipts by using credit cards and checks for expenses. Or go the extra mile [...]
Tax Resolution News: IRS Commissioner Puts “IRS Audit” Myth to Rest
Tuesday, May 3rd, 2011You may have heard of this: the IRS doesn’t have enough resources to audit everyone, so they use a lottery system to pick who they scrutinize.
Well guess what? That’s wrong. This means you can’t “play your luck” by over-claiming a few deductions or missing a few digits on your reported income. Being audited does not [...]
Tax Help News: Experts Advise Consumers With IRS Problems to Proceed Cautiously
Tuesday, April 26th, 2011Now with tax day behind us, do you owe unpaid back taxes? You could be one of the many Americans who are filing late this year or are under IRS audit. It’s okay-you’re not alone, and there is help.
But before you pick up the phone to call the IRS, know this: negotiating with the government [...]
Daily Dose of Tax Tips for Tax Relief
Thursday, April 7th, 2011Everyone could use more tax tips. I recently discussed some of the tax tips found on 365 Ways to Keep the IRS at Bay on the Tax Resolution University blog. Here are last week’s top tax tips:
Filing your 2010 returns – familiarize yourself with the IRS website, compliments of Brian Compton
IRS Audits – how to [...]
Tax Help News: BNET Features Tax Relief Expert Sharing Tips For Business Owners to Stay Out of IRS Trouble
Tuesday, March 15th, 2011Recently I shared a great blog post on Tax Resolution University discussing various ways in which business owners can avoid serious IRS problems.
In the blog post, I address the popular topic of what not to do in order to prevent IRS audits in a time when the IRS has more resources to come after consumers [...]
Rush Limbaugh Endorses Tax Resolution Services: Consumers with IRS Troubles Need TRS
Sunday, February 27th, 2011Tax Resolution Services, Co. was recently endorsed by Rush Limbaugh, one of America’s leading talk show hosts. More and more IRS-burdened consumers are seeking tax debt relief as the US Congress has had a record year of federal spending on tax enforcement.
Limbaugh recently kindly stated about TRS:
“If you owe $20,000 or more in back taxes, [...]
IRS Audits Reach New Heights
Sunday, February 20th, 2011I recently mentioned on my blog Tax Resolution University that IRS audit enforcement reached a new height in 2010. The Associated Press, among other news organizations, reports that the IRS increased the number of returns it audited by nearly 11 percent in 2010. That is an increase to 1.58 million individual returns compared to 1.43 [...]
IRS Tax Audits – What You Should Know
Tuesday, February 1st, 2011IRS Tax Audits can be tricky – remember they are not in your favor. The IRS chooses returns for audit that have the greatest potential for further tax to be collected. The IRS can audit you in several ways, including by mail, in their offices or in your office or home. A good indication of [...]
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