IRS Tax Planning Ideas, Tips & News

In Chapter 17 of my book (co-authored with Kirk Ward), Fight The IRS! And Win!!!, How To Pay The IRS What You Can Afford, Not What You Owe!, I discuss how to choose a firm to represent you if you have … [Read more...] about Roni Deutch Closes Her Law Firm Amid Allegations by CA Attorney General

Congress, led by House Republicans, enacted legislation last week that retroactively repealed the very unpopular and expanded Form 1099 legislation that was enacted as part of the health care reform … [Read more...] about Expanded Form 1099 Requirements Repealed!

If you were expecting to file your 2010 Form 1040 tax return in January or early February to get that expected refund ASAP, our lame Congress (oops, I meant to say lame duck Congress) may have … [Read more...] about IRS Announces That Some Taxpayers Will Not Be Able to File Until Late February

The Small Business Jobs Act, P.L. 111-240, requires taxpayers who own rental property (hereinafter referred to as "taxpayers") to issue Form 1099 (typically Form 1099-Misc) to service providers for … [Read more...] about Rental Property Owners Required to Issue 1099s

The newly enacted “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” signed into law on December 17, 2010 provides for several changes to both individuals and … [Read more...] about Overview of the tax provisions in the 2010 Tax Relief Act

The IRS is mailing letters to homeowners who claimed the First-Time Hombuyer Credit. The IRS is notifying the homebuyer that unless the home remains the primary residence of the homebuyer for at least … [Read more...] about IRS Mailing To First-Time Home Buyers