IRS To Make Changes in Correspondence Exam Process The IRS has conducted a comprehensive review of its correspondence exam process and is planning to make several changes, all of which are … [Read more...] about INSTEAD OF SKYPING WITH YOUR FAMILY & FRIENDS, WHAT DO YOU THINK ABOUT SKYPING WITH THE IRS?
Archives for April 2015
A LESSON LEARNED – WHAT YOU NEED TO KNOW WHEN CLAIMING NON-CASH CHARITABLE CONTRIBUTIONS
We can all learn from the mistakes of others. If you work closely with your tax professional and use him/her for tax planning services rather than merely tax preparation services, you would better … [Read more...] about A LESSON LEARNED – WHAT YOU NEED TO KNOW WHEN CLAIMING NON-CASH CHARITABLE CONTRIBUTIONS
PHILADELPHIA NOTICE TO EMPLOYERS
The Philadelphia Department of Revenue (PDOR) had announced that effective January 1, 2015, ALL employers are required to provide notice of the federal Earned Income Tax Credit (EITC) program to all … [Read more...] about PHILADELPHIA NOTICE TO EMPLOYERS
EXPENSES PAID BY OTHERS THAT YOU CAN DEDUCT
Since taxpayers and tax preparers often discuss expenses that cannot be deducted, let’s discuss expenses paid by another person that a taxpayer can deduct. Perhaps this discussion may save you from … [Read more...] about EXPENSES PAID BY OTHERS THAT YOU CAN DEDUCT