Watch Out For IRS Phone Scam

The IRS recently warned taxpayers and tax professionals about a phone scam in which individuals use common names and fake badge numbers to threaten taxpayers.  This scam targets people across the nation and usually claim that the taxpayer owes taxes and must pay using a pre-paid debit card or wire transfer to avoid arrest, deportation,…

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Do A Withholding Checkup!

It’s always a good idea to check your withholdings and payments mid-tax year to make sure you avoid any surprises come tax filing time.  Especially if you have incurred a life event (change in marital status, birth of child, getting or losing a job, or purchasing a home for example).  The IRS has an online…

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Starting A New Business & The IRS

Have you recently started a new business or are you considering starting one?  The IRS has many great resources to help prepare you and address various reporting requirements.  I recommend the “Small Business/Self-Employed Virtual Small Business Tax Workshop “.  This is an online video/audio workshop that takes you through nine lessons in topics that you need…

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Integrity in America’s Tax System

Integrity in America’s tax system?  Really!?!  Why yes…there is an entire government entity that exists just for the purpose of promoting such integrity.  The Treasury Inspector General for Tax Administration, or TIGTA, was established in 1999and its roots began with the IRS Inspection Service that was established by Congress in 1952 to address corruption in…

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