New Partnership Audit Rules New Rules Became Effective January 1, 2018 If you are a partner in a partnership or in an LLC taxed as a partnership, you need to know that there are new IRS audit rules … [Read more...] about New Partnership Audit Rules
IRS Tax Planning Ideas, Tips & News
When is a Worthless Stock Worthless
When is a Worthless Stock Worthless Writing Off Worthless Stock Investments Nobody likes to see his/her stock investment decline in value. It is even worse when the hopefully next Apple or Google … [Read more...] about When is a Worthless Stock Worthless
Gig Economy Continues to Grow – Tax Trap for the Unwary
Gig Economy Continues to Grow Tax Trap for the Unwary For purposes of this posting, let’s define the gig economy as workers who are primarily freelancers or independent contractors who have chosen … [Read more...] about Gig Economy Continues to Grow – Tax Trap for the Unwary
Yes, Place a Lien on Your Children’s Property
Yes, Place a Lien on Your Children's Property This May Be An Effective Tax Planning Tool We represent taxpayers who have tax problems. They often owe the IRS thousands of dollars. They may have lost … [Read more...] about Yes, Place a Lien on Your Children’s Property
Scam – Fake IRS Agent Visits Your Residence
Is That The IRS Ringing Your Doorbell? I recently attended a webinar and an IRS agent warned the audience of a growing popular scam. A supposedly IRS agent shows up at your residence (or place of … [Read more...] about Scam – Fake IRS Agent Visits Your Residence
Self-Prepared Tax Returns – What Makes the Most Sense to You?
Self-Prepared Tax Returns What Makes the Most Sense to You? We were curious how much the average American household spends on income taxes. Looking at data released in August by the Bureau of Labor … [Read more...] about Self-Prepared Tax Returns – What Makes the Most Sense to You?
