Audit Risk
A new study by the National Taxpayer Advocate used confidential IRS data to show large clusters of potential tax cheats in these five metropolitan areas. The IRS uses the information to target taxpayers for audits....…
A new study by the National Taxpayer Advocate used confidential IRS data to show large clusters of potential tax cheats in these five metropolitan areas. The IRS uses the information to target taxpayers for audits....…
Tax-Exempt Organizations Must File with IRS By May 15A key deadline of May 15 is facing many tax-exempt organizations that are required by law to file annual reports with the Internal Revenue Service.…
Read more about Tax-Exempt Organizations Must File By May 15
Last year, hundreds of Mo' Money clients in several states alleged bounced checks, excessive fees and the failure of the business to pass along IRS refunds...…
Though national tax-preparation companies have been promoting their services for weeks or months, local tax preparers have not. According to their research, generally local tax preparer's websites lack ...…
The IRS faced several time constraints this year. Tax professionals and taxpayers everywhere were anxious to process returns, and the effects of the delay were felt by everyone when tax season did not start on time. The major reason for the deferral was ...…
Sequester May Hurt IRS Collection EffortsThe head of the Internal Revenue Service is warning that the government-wide spending cuts that took effect last month could hurt federal tax collections.IRS…
How does Fulcher define good service? “Being proactive with advice, sticking to deadlines, being accessible with tax expertise, exceeding expectations, and remaining fully committed to helping my customers succeed.”…
Read more about Lee Fulcher, CPA…Lessons from Athletics to Accounting
Tax Season may be over, but scammers are pressing hard to separate taxpayers and tax preparers from their money. Scammers have unleashed a flood of bogus IRS emails targeting tax preparers because they have access to...…
Overall, the agency “has made little improvement in reducing EITC improper payments"...…
People are going to put off doing their taxes, nothing will make them file any sooner. However, if you are going to get a refund...…