IRS Warns Travelers: Passports Can Be Suspended
I have mentioned this topic in prior blogs, but the IRS issued a new reminder this week and I thought it couldn’t hurt to discuss the issue again. For seriously [...]
Home Ownership: Tax Cuts and Jobs Act, Part 3
Another big question coming from many clients regarding the new Act’s effect on their returns is about home ownership. Traditionally, tax law provides numerous incentives for home ownership by [...]
Tax Reform Law Has Passed Congress
The new tax reform law has passed Congress and is awaiting the President’s signature! There are a lot of Christmas goodies in the new law, but a few lumps [...]
Defining Your Charitable Contributions
From the Desk of Lauran L Stevenson Defining Your Charitable Contributions In recent years, there has been an influx of options available for charitable giving and gift giving to online [...]
IRS Data Mining: Social Media
From the Desk of Lauran L. Stevenson IRS Data Mining: Social Media We are all aware that big companies collect our information to market better. There are other organizations, such [...]
The IRS’ Heavy Reliance on the Online Account Benefits
From the Desk of Lauran L. Stevenson The IRS’ Heavy Reliance on the Online Account Benefits In December of 2016, the IRS launched a new taxpayer service that is supposed [...]
Denial or Revocation of Passports Impairs Taxpayer Rights
From the Desk of Lauran L. Stevenson Denial or Revocation of Passports Impairs Taxpayer Rights Delinquent tax debt is defined as “unpaid, legally enforceable federal tax liability of an individual.” [...]
Taxpayer Advocate Service Mid-Year Report to Congress
From the Desk of Lauran L. Stevenson Taxpayer Advocate Service Mid-Year Report to Congress This week’s post will introduce the Fiscal Year Objectives Report to Congress. This report presents a [...]
Form 1099 – Not to be Ignored
From the Desk of Lauran L. Stevenson Form 1099 – Not to be Ignored The difference between a 1099 and a W2 employee is how the monies and information on [...]
New IRS Scam: The IRS Sends Out Alert
From the Desk of Lauran L Stevenson New IRS Scam: The IRS Sends Out Alert On June 15, 2017, the IRS sent out a warning to taxpayers of a new [...]
When the IRS Knocks
From the Desk of Lauran L. Stevenson When the IRS Knocks The IRS has created a special new page (“How to know it’s really the IRS calling or knocking on [...]
Taxpayer Bill of Rights: The Right to Privacy
From the Desk of Lauran Corcoran Taxpayer Bill of Rights: The Right to Privacy Taxpayers have the right to expect that any IRS inquiry, examination, or enforcement action will comply [...]