Posts Tagged "IRS"

, “Taxpayer Bill of Rights”

“Taxpayer Bill of Rights”

There is no such thing as a complete Taxpayer Bill of Rights, yet… Taxpayer Advocate, Nina Olson, disseminated a yearly report to the US congress strongly advising them to force the IRS to create a...

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, Benefits of going paperless with financial documents

Benefits of going paperless with financial documents

By eliminating paper and automating your accounts payable and accounts receivable processing you will lower you time and cost per invoice. This is one process that every company must deal with on a day...

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Just what exactly does happen if you get too far behind on your taxes?

We have heard of the stories and read headlines about fraud, evasion and being grossly behind on paying federal or state taxes. The penalties for a tax payer who has used up all available...

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, How the Affordable Care Act changes Tax Reporting

How the Affordable Care Act changes Tax Reporting

Since the Affordable Care Act has been implemented many things remain uncertain surrounding its functionality. It has put many changes into action and also created many unforeseen externalities for Americans. However, one that was...

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, IRS Issues Mortgage Insurance Regulations

IRS Issues Mortgage Insurance Regulations

The IRS has issued mortgage insurance regulations for form 1098. Although the provision under IRC §163(h)(3)(E) has not been extended beyond 2013, IRS has issued final regulations (Complete Service Subscribers see the attached document...

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, IRS Releases IRSAC Annual Report

IRS Releases IRSAC Annual Report

  Each year the Internal Revenue Service Advisory Council (IRSAC) releases a report outlining their advice on issues regarding tax administration called the IRSAC Anual report. This report was released on Nov 20 2013...

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, IRS Sends Warning to Consumers for Scams Related to Relief of Typhoon Victims

IRS Sends Warning to Consumers for Scams Related to Relief of Typhoon Victims

On November 15th the IRS sent a consumer alert to warn customers about fraudulent charities that say they will send relief to the areas struck by Typhoon Haiyan. They noted that individuals should be...

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