The December 2015 issue of Accounting Today reported about numerous challenges the IRS is facing. First, there was the IRS Commissioner, John Koskinen, stating that budget cuts are not only harming … [Read more...] about IRS Woes & Problems Continue – Is There No End in Sight?
Archives for January 2016
IRS Announces New Initiative to Collect Payroll Taxes
When some companies have a cash flow problem, what have they done? Some have thought that the cash flow problem was temporary due to a customer failing to remit payment when promised, an unexpected … [Read more...] about IRS Announces New Initiative to Collect Payroll Taxes
IRS Telephone Scams – and Then There is the PA Office of Unemployment Compensation
When a tax jurisdiction calls, do you hang up on them or talk to them? One could argue that it depends whether the caller identifies himself with the IRS or PA. Let’s start with the IRS. If you … [Read more...] about IRS Telephone Scams – and Then There is the PA Office of Unemployment Compensation
Will Your Passport Be Revoked?
The recently passed federal highway and transportation spending bill, Fixing America’s Surface Transportation Act, often referred to as the FAST Act, includes a provision that allows the sharing of … [Read more...] about Will Your Passport Be Revoked?