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Tax Tips for Recently Married Tax Payers via IRS

Tax Tips for Recently Married Taxpayers. Notify the U.S. Postal Service - To ensure your mail – including mail from the IRS – is forwarded to your new address. Submit a forwarding request online at www.usps.com or visit your local post office. Notify…

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IRS Offers Penalty Relief Through Fresh Start Initiative

IRS Offers New Penalty Relief and Expanded Installment Agreements to Taxpayers under Expanded Fresh Start Initiative WASHINGTON — The Internal Revenue Service today announced a major expansion of its “Fresh Start” initiative to help struggling taxpayers by taking steps to…

Seven deadly small business sins: #1

So, did the title catch your attention? Our first deadly sin is the sin of sloppy accounting.  I know, I know not nearly as exciting as the actual seven deadly sins but what you do, I'm a CPA! So, how…

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Obama Extends Payroll Tax Holiday Through February

President Obama signed modified legislation (H.R. 3765) on December 23, 2011, extending the Social Security “payroll tax holiday” through the end of February, 2012. The “payroll tax holiday” reduced the employee portion of the Social Security tax by 2 percent…

1099 vs W-2: How The IRS Will Forgive You

Well, maybe forgive isn't the right word, but at least they'll help you create a settlement program! The IRS just released an article about how it will be providing a settlement program for those business owners who have been incorrectly…

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