Archive | February, 2014

The Run Down: Tax Topic For The Week Victims of tax identity fraud greeted by IRS hassles

The Run Down: Tax Topic For The Week Victims of tax identity fraud greeted by IRS hassles Scammers have stolen the identities of five children from an Indianapolis family, but their mother now joins a growing chorus of complaints about how the nation’s tax agency handles an exploding numbers of identity theft cases aimed at […]

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The IRS is not yet prepared to handle all the phone calls it expects when health reform hits millions of Americans’

The IRS is not yet prepared to handle all the phone calls it expects when health reform hits millions of Americans’ tax returns next year, the agency’s top executive said Thursday in Kansas City. “People won’t be able to get through on the phone. We know people are going to call. Preparers are going to […]

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IRS Latest News

Latest News 2014 Filing Season Continues with Higher Refunds Issued IR-2014-17, Feb. 20, 2014 – The IRS has issued 15 percent more refunds in 2014 than at the same time last year. IRS Releases the “Dirty Dozen” Tax Scams for 2014; Identity Theft, Phone Scams Lead List IR-2014-16, Feb. 19, 2014 — The IRS issued […]

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The Rundown

The Rundown The IRS is trying to make its letters less confusing…really (FOX Business) If you have ever received a letter from the IRS, chances are it left your head spinning. And not necessarily because you were in trouble (although that’s a possibility) but most of the times these letters are confusing-leaving you wondering exactly […]

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Valentine’s Day as a time for romance and love, roses and Champagne — not a time to think about taxes.

Most people think of Valentine’s Day as a time for romance and love, roses and Champagne — not a time to think about taxes. But if you have followed any of my pieces, you know that I think differently. Just like how your relationship status affects how you spend Valentine’s Day, it can impact your […]

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Michael Jackson vs. IRS: Thriller battle over value of the estate For famous clients, careful planning needed to keep the value of image out of Tax Man’s clutches

A bitter court battle between Michael Jackson’s estate and the Internal Revenue Service spotlights a major problem for clients who are rich and famous: placing a value on intangible assets. Mr. Jackson, who died in 2009, is once again front-and-center as his estate takes on the IRS in Tax Court. The chief problem at hand […]

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