Month: March 2011

DFWMM

Service Description Standard Rate Discount % Discount [...]

Audits on the Rise—But Not By Much

According to the latest IRS Data Book covering the government's fiscal year ending September 30, 2010, the overall audit rate on individuals increased slightly [...]

Beware of Tax Scams

The IRS wants taxpayers to be aware of tax scams. These scams are illegal and can lead to problems for taxpayers including significant penalties, interest and [...]

RENTAL PROPERTY INCOME TAX – MULTIPLE STATES

If you own real estate property in a state other than the one in which you live and you have earned money off the rental of that property, you are required to [...]

What’s Your IRS Audit Risk?

Do You Feel Lucky? No one wants to be audited. And yet as a tax lawyer advising clients about tax issues, I’m required by Treasury Department rules to assume [...]

Ten Ways To Audit Proof Your Tax Return

There are steps you can take to reduce your chances of IRS pain. Except for tax protestors, no one wants to fight with the Internal Revenue Service. That's why [...]

10 Fat-Chance Tax Deductions

Over the years, taxpayers have concocted a lot of zany arguments to justify tax deductions. We’ve come up with what we think are the 10 most creative ones [...]

Income Tax dept call Center to Solve taxpayers queries related to Refund, ITR V Status etc

Income Tax dept call Center to Solve taxpayers queries related to Refund, ITR V Status etc Update on CPC – Call Center To assist taxpayers a call center with [...]

Health Insurance Tax Breaks for the Self-Employed

Here is some information from the IRS about a special tax deduction for the self-employed. You may be able to deduct premiums paid for medical and dental [...]

Work From Home? Consider the Home Office Deduction

Whether you are self-employed or an employee, if you use a portion of your home for business, you may be able to take a home office deduction.  Here are six [...]