Need IRS tax help?
Call (800) 454-7043 for a free attorney consultation.Links
Categories
Archives
Monthly Archives: September 2012
Corporations on FTB’s Top 500
In a couple weeks the Franchise Tax Board (FTB) will be submitting its “Top 500” list to state licensing agencies, including the DMV. The FTB Top 500, if you recall, is a list of California taxpayers with the most serious … Continue reading
IRS is Soft on Federal Agencies
Private businesses that do not file and/or pay their employment taxes are subject to a variety of enforcement actions: assessment of penalties and interest filing of a federal tax lien final notice of intent to levy assessment of a Trust Fund Recovery Penalty (TFRP) … Continue reading
Know Your Taxpayer Rights
Taxpayer rights are listed in Publication 1 as follows: Privacy and Confidentiality Professional and Courteous Service Representation Payment of Only the Correct Amount of Tax Help with Unresolved Tax Problems Appeals and Judicial Review Relief from Certain Penalties and Interest There … Continue reading
Interesting IRS Stats
Let’s look back on some of the statistics compiled by the IRS for Fiscal Year 2011 and try to determine what will be reported for FY 2012. Will we see any new tax relief trends? My source is the Statistics of Income … Continue reading
Posted in IRS News & Info
Tagged levy, lien, Offer in Compromise, OIC, statistics, tax lien
Leave a comment
Do I Need an EIN?
Most people, including some IRS personnel, call it an EIN number. But the “N” in the acronym stands for “Number,” so it should be referred to simply as an “EIN,” unless you mean to say “Employer Identification Number Number,” which is … Continue reading
Postal Workers Assisted in Tax Refund Fraud Scheme
A multimillion dollar tax refund fraud scheme was dismantled by authorities recently, but not after the IRS paid out over $5 million in refunds based on claims made using stolen identities from citizens of Puerto Rico. “Operation Mass Mail” finally resulted in a … Continue reading
Back Again: Pulpit Freedom Sunday 2012
Hundreds of defiant pastors will be joining forces next month for “Pulpit Freedom Sunday,” an event intended as a “head-on constitutional challenge” to the rules prohibiting churches from endorsing or opposing political candidates. Participation has grown every year since 2008 when the movement … Continue reading
Denmark’s “Fat Tax” is Losing Support
I was sad to learn that the Danish government is second guessing the “fat tax” that just made it on the books last October. They are finding that Danes are crossing the border for tax relief. They are crossing into neighboring countries (Germany, … Continue reading
Letter Audit Process Nicer Now . . . But Not Faster
The number of IRS “correspondence audits” has risen sharply in recent years. A correspondence audit is a type of tax audit that is handled in the following manner: The IRS sends taxpayer a letter questioning something on his/her tax return … Continue reading
Posted in IRS News & Info, TIGTA audits
Tagged audit, correspondence audit, customer service, IRS phones, letter audit
Leave a comment
TIGTA Detects Unauthorized Disclosure at IRS
The Treasury Inspector General for Tax Administration (TIGTA) recently published a report expressing concern over the submission of tax account transcripts to tax professionals through E-services. The concern is that confidential tax records are being sent without proper authorization. Proper authorization normally means the … Continue reading