Tax day is quickly approaching. This year, you have a few extra days with the April 18 deadline.Depending on your circumstances you might not have enough time to meet the deadline. Unfiled returns can become a serious liability. While you might not have a return...
Under continual budgetary pressure and shrinking numbers, the IRS has needed to identify new ways to ensure compliance. Campaigns focusing on certain issues are one way they are planning to stretch limited resources.How will these new campaigns work? Are traditional...
A recent report by the Institute of Taxation and Economic Policy is calling a number of Fortune 500 companies to task. The report alleges that a number of these companies paid nothing in taxes in recent years.Not a penny.The companies are pushing back, stating that...
A recent news headline suggested Ivanka Trump had been hit with a tax lien for non-payment of taxes. This was misleading.With some investigative work, Forbes unwound who the lien was actually filed against. In January, the New York State Department of State Tax...
We know that as budget cuts take their toll, the IRS will be working to squeeze more from each audit. Even as the overall number of audits decreases, wealthy families, successful business owners and those with complicated returns will face increasing scrutiny.What are...
