Category Archives: Tax News

800,000 Obamacare Enrollees Received Incorrect Tax Forms

Posted on February 21, 2015 by Wetenkamp

Here’s a suggestion for the IRS’ next Tax Tips article: “What you should know about the incompetence of the IRS.” Or maybe this one: “10 reasons why you should not renounce your citizenship and move to Brazil.”  Their latest screw … Continue reading →

Posted in IRS News & Info, Tax Legislation, Tax News | Tagged , , | Leave a comment

More than half of Stanislaus’ FTB non-filers live in Modesto

Posted on February 19, 2015 by Montgomery

The Franchise Tax Board is beginning its annual force filing season. Haven’t heard of force filing season? If you are one of the million plus people that the FTB is currently investigating, you will soon. Force filing season is where … Continue reading →

Posted in Franchise Tax Board, State Taxes, Tax News | Tagged , , , , , , , | Leave a comment

New Modesto tax relief announced

Posted on January 28, 2015 by Montgomery

The City of Modesto recently announced details of a new tax relief and cash incentive program to lure businesses to downtown Modesto. The tax breaks apply variably to new businesses and existing businesses. The new Modesto tax relief program will … Continue reading →

Posted in Tax News | Tagged , , , , , | Leave a comment

2014 National Taxpayer Advocate Report

Posted on January 14, 2015 by Wetenkamp

It’s a little bit (ok, a lot bit) frustrating reading the National Taxpayer Advocate’s annual report to congress that was released today.  Of course my frustration is with the IRS, not the Taxpayer Advocate.  It’s pretty much the same report … Continue reading →

Posted in IRS News & Info, Tax Legislation, Tax News | Tagged , , , , | Leave a comment

IRS Doctors & Nurses

Posted on October 28, 2014 by Wetenkamp

Have you seen the comments from former IRS territory manager, Michael Gregory, in a recent “Ask Me Anything” session on Reddit?  Many readers have felt dissatisfied with his answers because he seemed to be overly concerned with defending the IRS, … Continue reading →

Posted in IRS Scandal, Tax Legislation, Tax News | Tagged , , , | Leave a comment

Audit Resistant Partnerships on the Rise

Posted on September 19, 2014 by Wetenkamp

The IRS generally can include returns filed within the last three years in a tax audit.  There are exceptions, but the IRS normally does not go back further than three years.  What you may not know is that the IRS … Continue reading →

Posted in Tax Legislation, Tax News | Tagged , , , | Leave a comment

Rolling Stone on Taxes

Posted on August 28, 2014 by Wetenkamp

I read a lot of tax-related articles and they come from a variety of sources, but it is not every day that I find one in Rolling Stone.  I have to say that the article entitled “The Biggest Tax Scam … Continue reading →

Posted in Tax News | Tagged , , , | Leave a comment

Valley Braces for Hidden Gas Tax

Posted on August 13, 2014 by Wetenkamp

There is something ominous coming our way in January 2015; something that has been called a “hidden gas tax.”  Those are three horrifying words.  Most consumers would agree that fuel is taxed enough already and fuel prices are certainly high … Continue reading →

Posted in Tax News | Tagged , , , | Leave a comment

Tax debt case is the next frontier for free speech regulation

Posted on May 14, 2014 by Montgomery

According to recent news reports, across the pond in Europe, the European Union’s highest court has ruled that people have the right to be forgotten, even on the internet. The case at issue stems from a tax debt once allegedly … Continue reading →

Posted in Tax News | Tagged , | Leave a comment

Supreme Court to Hear Case on IRS Summons Power

Posted on April 22, 2014 by Wetenkamp

If the IRS, as part of a tax audit or examination, wants something from the taxpayer, they tend to ask nicely only once. Sometimes it is difficult to hand over the books and every last financial detail to the IRS.  … Continue reading →

Posted in IRS News & Info, Tax News | Tagged , , , , | Leave a comment