2020 IRS Audit Red Flags
It’s true that the majority of tax returns will never have to undergo an audit; however, for the unlucky few taxpayers who submit legitimate tax returns and still must endure … Continued →
2020 Tax Changes for Small Business Owners and Partners
Are you self-employed? Most U.S. companies are self-owned, and of the more than 30 million small business enterprises, over a quarter of self-owned businesses are big enough to have employees. … Continued →
Opportunity Zones Promote Economic Development and Tax Savings
It’s hard to believe that tax reform was passed almost two years ago, and there are still aspects of it that tax preparers and the public are just beginning to … Continued →
Key Provisions of the Taxpayer First Act of 2019
Tax identity theft is increasing. Tax reform in 2017 muddied the waters of compliance. Reaching someone at the IRS, when you need to, is burdensome. Thanks to the Taxpayer First … Continued →
Lessons From the Tax Court and IRS, Plus The Rise of Tax Identity Theft
When taxpayers find themselves at odds with the IRS, they will typically find themselves facing judgment with the U.S. Tax Court. These recent cases highlight why it’s important to file … Continued →