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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 Update on CPC – Call Center To assist taxpayers a call center with [...]
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 [...]
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 [...]