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Published by Law & Politics, Cincinnati Magazine, and Columbus Dispatch.
Published by Law & Politics, Cincinnati Magazine, and Columbus Dispatch.
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On January 11, 2012, the national taxpayer advocate, Nina E. Olson wrote in her annual IRS report the statement “The imbalance between its workload and its resources is becoming unmanageable.” Olson is an independent watchdog within the agency. She complains about the damage the Congress has been inflecting to the IRS by shortchanging its [...]
Read more...2011 is now all part of the past, and 2012 is the present we need to face. For the past years, there have been numerous tax-related crimes emerging especially when the deadline for tax-filing is coming ahead. Even if a fresh year is ahead, there are some things that can’t easily change. Unlike clocks and [...]
Read more...The 1099fire has released the 2012 version of 1098-E – Student Loan Interest Statement and 1098-T – Tuition Statement Software for paper and electronic filing of financial establishments, government agencies, and educational institutions. This new software makes it easy to import data such as files from CSV to Excel, print them and electronically files them. [...]
Read more...There are a lot of ways on how to achieve a tax credit and one of these many ways is by paying at least half of the amount of health premiums of every employee if you are either an owner of a business or an employer. Taking advantage of this type of tax credit could [...]
Read more...Time is running short to improve your 2011 IRS tax refund. All you have to do is make your January 2012 mortgage loan fee although it’s still December. It’s a simple IRS tax technique which works because of how home loan interest is purchased, and of how the IRS tax program is written. Distinct from [...]
Read more...The IRS is giving out tips among taxpayers this time of the year, where filing 2011 taxes are coming to an end. Two more days until the calendar starts to switch its page into the next month of the new year. They have given out six saving tips for all taxpayers out there willing to [...]
Read more...“Goodbye 2011, hello 2012!”, this is what a person would normally say after the clock strikes 12:01am. They also might as well know that New Year comes with changes. And for taxpayers out there, they can expect a lot of changes in the process of filing their taxes. Changes are made for the development of [...]
Read more...The Internal Revenue Service or the IRS is now taking preventive measures against the rise of tax scammers especially since the season of tax-filing is fast approaching. The agency warns all taxpayers that as much as possible, they could file returns and claim benefits on 2010 taxes before December 31. Since it’s the end-of-the-year tax-filing [...]
Read more...Truthfully speaking, a taxpayer can’t avoid his tax returns to be selected for an IRS audit. But one can minimize the chances of his returns being selected. An IRS audit is the process of reviewing or examining an individual or organization’s accounts and financial information to ensure that the tax returns being filed are accurate and correct.This [...]
Read more...When there is a crime related to failure of paying taxes, there is one person to call for justice, it’s the IRS attorney. These IRS attorneys are professional lawyers who are hired by the IRS or by individuals who are being sued by the agency. The Internal Revenue Service or IRS is a government agency [...]
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