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IRS Eases Innocent Spouse Eligibility Requirements

Submitted by admin on Wed, 8/3/2011 - 12:00 am

The IRS has announced a few new items regarding the eligibility requirements surrounding the filing of an Innocent Spouse claim for relief from a joint tax liability. The IRS has stated that they are eliminating the 2-year time limit that...


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IRS’s Regulation of Paid Tax Return Preparers

Submitted by admin on Tue, 8/2/2011 - 12:00 am

Most individuals, 8 out of 10, now rely on software or a paid tax preparer to file their tax returns because of the increasing complexity of the U.S. tax code, but the preparers often make mistakes, and some have criminal...


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Ten Tax Tips to Assist Military Personnel

Submitted by admin on Fri, 7/29/2011 - 12:00 am

The US Military personnel have some very unique duties, expenses and transitions throughout their service. Special tax benefits may apply when moving to a new base, traveling to a duty station, returning from active duty and more. These tips may...


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JK Harris Defaults on Class Action Settlement

Submitted by admin on Tue, 7/12/2011 - 12:00 am

JK Harris has stopped making payments on a $6 million class action settlement suit reached in 2007 with more than 18,000 former clients. The company has paid about $2 million towards that settlement, but still owes about $4 million. Apparently,...


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IRS Faces Under-Staffing of Revenue Officers

Submitted by admin on Tue, 6/14/2011 - 12:00 am

The IRS is facing an under-staffing problem with balancing the workload demands of their Revenue Officers, according to a new audit by the Treasury Inspector General for Tax Administration (TIGTA). The IRS has initiated a hiring plan to add an...


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Tax Protester? IRS Has a Special Code For You

Submitted by admin on Thu, 5/26/2011 - 12:00 am

It has come to light through recent audits of the Internal Revenue Service (IRS) by the Treasury Inspector General for Tax Administration (TIGTA), that the IRS is utilizing an internal coding of an “Illegal Tax Protester” or “Constitutionally Challenged” to...


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IRS OK to Review Electronic Records for Audits

Submitted by admin on Thu, 4/28/2011 - 12:00 am

Future small businesses and self-employed individuals under audit should now be aware of this one, as it will hang all the laundry out there, hopefully the laundry is clean. The IRS is now beginning to request that businesses provide an...


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Fraudulent Homebuyer Credits Total $513 Million

Submitted by admin on Wed, 4/27/2011 - 12:00 am

The IRS Treasury Inspector General has come to the conclusion that greater controls are needed over all refundable tax credits, in light of three internal audits that discovered the current IRS system “allowed potentially erroneous refunds of more than $513...


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Injured Spouse Relief

Submitted by admin on Mon, 3/28/2011 - 12:00 am

If you file a joint return with your spouse, and all or part of your refund is applied against your spouses’ past-due income tax, child or spousal support, or student loan, you may be entitled to injured spouse relief, and...


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Industry Group to Battle Tax Resolution Scams

Submitted by admin on Mon, 3/28/2011 - 12:00 am

WASHINGTON, DC (March 28, 2011) : Taxpayers beset by the proliferation of scam artists purporting to offer help in reconciling tax debt issues with the IRS have a new watchdog on their side. Leading providers of tax resolution service companies,...


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