Misery. Yes, it's a Stephen King novel that was made into a movie. But it is also the existential state of many taxpayers trying to comply with a more-and-more complicated tax code despite less-and-less assistance from the IRS.IRS Commissioner John Koskinen was candid...
Month: September 2015
How to prepare for and manage an IRS audit
There are many worst case scenarios that one could imagine when it comes to taxes and the IRS. The federal agency could file a lien against you; you may owe the IRS a lot of money as a result of back taxes or crimes; or you could be audited by the IRS.With respect to...
The sharing economy and tax compliance, part 2: What type of 1099?
Let's resume our discussion of the complexities of employment taxes for people involved in the social-sharing economy.One example of this is the controversy about whether drivers for Uber, a popular ride-sharing service, are independent contractors rather...
Team meals and tax deductions: the Bruins versus the IRS
Hockey is not a game for the faint of heart. Speed and skill do play a role, but success often depends on aggressively challenging opponents for control of the puck.The Boston Bruins are bringing that mindset into their dealings with the Internal Revenue Service. In...