IRS Approves Back-Door Roth IRAs The Ever-Changing World of Taxes In our October 17, 2017 post, we cautioned taxpayers who used the back door Roth (converting a traditional IRA to a Roth IRA) that … [Read more...] about IRS Approves Back-Door Roth IRAs
IRS Tax Planning Ideas, Tips & News
OUTSOURCING PAYROLL?
OUTSOURCING PAYROLL? Understand your Outsourced Payroll Responsibilities Let’s face it. Payroll compliance is challenging, complex and time-consuming with the different federal, state and local … [Read more...] about OUTSOURCING PAYROLL?
6-YEAR STATUTE OF LIMITATIONS
6-YEAR STATUTE OF LIMITATIONS How Long Does a Taxpayer Have to Maintain Tax Documentation to Support Tax Return? A question taxpayers often ask is “How long must I maintain my tax records?” … [Read more...] about 6-YEAR STATUTE OF LIMITATIONS
HOME OFFICE DEDUCTION DENIED
HOME OFFICE DEDUCTION DENIED Tax Court Agrees with IRS - Home Office Deduction for Storage Denied IRS Sees Through the Smog & Taxpayer Strikes Out Mohammed Najafpir (US Tax … [Read more...] about HOME OFFICE DEDUCTION DENIED
Federal Income Tax – Withholdings & Estimates Check-Up
Federal Income Tax Withholdings & Estimates Check-Up W-4 & Form 1040-ES Review We announced in our May 30, 2018 post that the IRS had updated its W-4 calculator on its website. The updated … [Read more...] about Federal Income Tax – Withholdings & Estimates Check-Up
Internal Revenue Code Overrides Divorce Decree
DIVORCE DECREE IGNORED Tax Court Agrees with IRS - Internal Revenue Code Overrides Divorce Decree Divorcees Need Both Legal AND Tax Advice The divorce decree stipulates which of the divorced … [Read more...] about Internal Revenue Code Overrides Divorce Decree
