Articles, tagged with "taxpayers", page 1

How I Handle IRS Levy Issues

An IRS levy is a serious issue that can be challenging to overcome, nevertheless positive outcomes are achievable. It has been done before and can be done again. Cynthia Kuhne has helped thousands of taxpayers stop IRS levy actions against their paycheck ... Read >
Author: kescraig

How to Get Your Tax Refund Really Quickly

All taxpayers expect to get their refund quickly from the IRS. However, when trying to prepare tax returns on your own, you find yourself overwhelmed with the amount of tax information: conditions, deductions, exclusions, etc. Some taxpayers may run the r... Read >
Author: MatildaT

Abusive Insurance, Welfare Benefit, and Retirement Plans

Lance Wallach Published in Tax Practice: Tax Notes The IRS has various task forces auditing all section 419, section 412(i), and other plans that tend to be abusive. These plans are sold by most insurance agents. The IRS is looking to raise money ... Read >
Author: Lance Wallach

Tax Help for the Self Employed

The best thing about being self employed is being your own boss. However, while filing taxes, it can become difficult for a self employed person to know exactly what to file, when to file, and how to do it. Any UK resident who is self employed needs t... Read >
Author: Sarah Shore

Business Owners in 419, 412i, Section 79 and Captive Insurance Plans Will Probably Be Fined by the I

NCCPAP November 2010 Newsletter 2010 Business Owners in 419, 412i, Section 79 and Captive Insurance Plans Will Probably Be Fined by the IRS Under Section 6707A by Lance Wallach Taxpayers who previously adopted 419, 412i, captive insurance or Sect... Read >
Author: Lance Wallach

Step 7 in the IRS Process and You're Dead

The following represents the steps a tax form takes at the IRS office. Step 1. Mail enters the IRS mail room and gets gennerally sorted by mail room employees. Step 2. Mail gets opened by other employees who then sort the forms onto a cart and run... Read >
Author: RockinJay

Year-End Tax Extenders – Where’s The Patch?

Every year at about this time Congress starts thinking about what tax laws will expire on December 31, and what it really needs to be doing about these. Of the 65 various tax provisions that will expire, one of the big ones is the annual “Patch” for the ... Read >
Author: George Bauernfeind

New proposals could reduce the cost of declaring yourself bankrupt

The Business minister Edward Davey MP has announced proposals – called Reform of the Process to Apply for Bankruptcy - which aim to save time and money when it comes to “simpler” bankruptcy cases. Davey believes the plans could save taxpayers millions of... Read >
Author: Beatmydebt

Accountant Websites- Effective Blogging Is Easy

CPA's are in serious demand for two reasons. First, organizations need audits to be certain they are compliant  with corporate accounting rules and regulations, especially public companies that answer to the Public Company Accounting Oversight Board by la... Read >
Author: CPAWebsite4U

What Does It Take To Get A Lien Release?

The purpose of this page is for you to understand what a lien is and what steps can be taken to get an IRS lien release. A federal lien is one of the first steps IRS will take when monies are due to them, enough time has elapsed and your debt to the IRS h... Read >
Author: Orik Ibad

3 Tips On How To Take a Strategic Approach To Tax Returns

Tax returns, in my opinion, are never given enough credit. Most people dread having to deal with them. And, they are often viewed as a commodity - by taxpayers and tax preparers alike. I see tax returns as a tremendous tool in a tax strategy because t... Read >
Author: Tom Wheelwright

LOOKING AT THE NEW ESTATE TAX LAWS

In 2011, families and their financial, tax and legal consultants can at last plan estates with a degree of certainty. Thanks to the Tax Relief Act of 2010, we now have the lowest estate tax rate in 80 years, with some new rules to be aware of, and some ve... Read >
Author: IshanGoradiya

Should you File, and then Opt Out?

Announced February 8, 2011, the IRS 2011 Offshore Voluntary Disclosure Initiative (OVDI) program is a welcome but conditional amnesty allowing taxpayers with foreign accounts to come clean and get into compliance with the IRS. The program runs through Se... Read >
Author: Lance Wallach

IRS Tax Lien and its effects

Owing taxes to the IRS is a tough thing. It is a powerful federal body that employs severe means to ensure that you pay your taxes. One of these severe means is the IRS tax lien that the IRS imposes upon a piece of property to secure the payment of taxes.... Read >
Author: Evan Parker

Small Business Tax Tips - What's The Difference Between A Tax Deduction And A Tax Credit?

Do you understand the difference between a tax deduction and a tax credit? This story should clarify the difference. A self-employed taxpayer (let's call her Debbie) meets with her accountant to discuss her income tax return. She was quite distraught b... Read >
Author: Wayne M. Davies

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