Tuesday, January 31, 2017

Should You Represent Yourself vs. the IRS? – Investopedia


Investopedia


Should You Represent Yourself vs. the IRS?
Investopedia
Enrolled agent Steven J. Weil of RMS Accounting in Fort Lauderdale, Fla., believes taxpayers should never represent themselves before the IRS. “An auditor can use any information you disclose against you. Worse yet, the information can also be passed
Steven Mnuchin Makes a Welcome Case for Boosting IRS FundingRealClearMarkets
IRS Form 1099 Or Form W-2?Forbes
IRS Allows Substitute for Estate Tax Closing LettersAccountingweb.com
WSAW –Accounting Today –White Mountain Independent
all 124 news articles »

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Private Debt Collectors for IRS Complicate Fraud and Scam Detection – CPAPracticeAdvisor.com



Private Debt Collectors for IRS Complicate Fraud and Scam Detection
CPAPracticeAdvisor.com
The IRS has selected four private companies to assist with tax collections during the 2016 tax return filing season. But don’t open up your door – or reveal sensitive tax information – to just anyone. Scam artists can pose as IRS agents or private tax

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Advisory issued on IRS scam calls – Iron Mountain Daily News



Advisory issued on IRS scam calls
Iron Mountain Daily News
ESCANABA — The Delta County Sheriff Department has received a record number of phone calls from Delta County residents after receiving scam calls from persons claiming to be with the IRS. The scam preys on the public’s fear of the IRS by saying you …

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IRS Issues New Guidelines for Qualified Management Contracts for Facilities Financed with Tax Exempt Bonds – The National Law Review



IRS Issues New Guidelines for Qualified Management Contracts for Facilities Financed with Tax Exempt Bonds
The National Law Review
Health care providers with facilities financed with tax exempt bonds need to be aware of recent changes to the IRS rules for qualified management contracts. On August 22, 2016, the IRS issued Rev. Proc. 2016-44 which replaced the safe harbors for …
IRS Updates Letter Ruling Procedures, Modifies User FeesMondaq News Alerts (registration)

all 2 news articles »

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Jim Buttonow – Accounting Today



Jim Buttonow
Accounting Today
A CPA and former IRS Large Case Team Audit Coordinator, Buttonow worked at the IRS for 19 years. Since leaving the IRS, Jim has represented many clients before the IRS and has been in private practice for seven years. For the past five years, Jim has …

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Ten things you need to know about passport restrictions on delinquent taxpayers – Accounting Today


Accounting Today


Ten things you need to know about passport restrictions on delinquent taxpayers
Accounting Today
In late 2015, Congress passed the Fixing America’s Surface Transportation Act, a law that, among other things, helps the IRS collect larger tax debts. Included in the FAST Act is Section 7345 of the Internal Revenue Code, which requires the IRS to
New Trump Executive Order May Delay IRS WorkBloomberg BNA

all 2 news articles »

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New Trump Executive Order May Delay IRS Work – Bloomberg BNA


Accounting Today


New Trump Executive Order May Delay IRS Work
Bloomberg BNA
President Donald Trump’s executive order requiring federal agencies to eliminate two rules for every new one might delay the IRS’s work on regulations, including much-needed rules on the new partnership audit regime, former officials told Bloomberg BNA.
Ten things you need to know about passport restrictions on delinquent taxpayersAccounting Today

all 2 news articles »

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John R. Bullis: Why IRS is busy – Nevada Appeal


Nevada Appeal


John R. Bullis: Why IRS is busy
Nevada Appeal
If you need to talk to IRS to get information or answers to questions about a letter or notice you received, good luck! Plan to wait on the telephone listening to its “music” possibly for a long period of time. IRS is busy and doing the best it can

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IRS Tax Scams – Central Washington University



IRS Tax Scams
Central Washington University
It’s 2017 and tax season is upon us again. Scammers are out in force trying to steal your information. Here are a few tips to keep yourself safe this year. The IRS will never: • Initiate contact by email, text message, or any form of social media

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Monday, January 30, 2017

IRS Warns about tax scams – WSAW


WSAW


IRS Warns about tax scams
WSAW
(WEAU) — If it sounds too good to be true, it probably is: that’s what the IRS is saying about tax scams you could fall victim to this tax season. Millions of dollars are lost each year by taxpayers who give their personal information to people
Answering One Simple Question Could Make You A Victim In Latest ScamForbes
Don’t fall victim to a scamGreene County Daily World
Tax Hacks 2017: Avoid These 12 Costly Tax-Related ScamsYahoo Finance
KCSG
all 10 news articles »

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EXCLUSIVE: Clinton-Allied Education Firm Hid IRS Probe Prior To IPO Launch – Daily Caller



EXCLUSIVE: Clinton-Allied Education Firm Hid IRS Probe Prior To IPO Launch
Daily Caller
Laureate Education, Inc. — which on Wednesday will launch its IPO on NASDAQ — failed to tell investors in federal filings that IRS officials are reviewing congressional charges it had a “pay to play” relationship with Bill and Hillary Clinton, The

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IRS opens probe into financing for Statler redevelopment – Dallas News


Dallas News


IRS opens probe into financing for Statler redevelopment
Dallas News
The IRS is examining a complex financing that raised $26.5 million for the $221 million project. Mehrdad Moayedi, a real estate developer known for building residential communities in North Texas, is spearheading the project though Commerce Statler …

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33 plead guilty to defrauding IRS out of $22M – WOODTV.com



33 plead guilty to defrauding IRS out of $22M
WOODTV.com
GRAND RAPIDS, Mich. (WOOD) — Thirty-three people have pleaded guilty to federal charges surrounding a tax fraud scheme that targeted Michigan veterans and inmates. Federal authorities say the group filed false income tax returns after stealing

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IRS Issues Key Memorandum on Tax Treatment of Fixed Indemnity Health Plans – The National Law Review



IRS Issues Key Memorandum on Tax Treatment of Fixed Indemnity Health Plans
The National Law Review
Seemingly lost among the inauguration activities last week was an important Office of Chief Counsel Memorandum from the IRS. The Memorandum states that a fixed indemnity health plan that is employer-paid or purchased on a pre-tax basis through a …

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Tax return aid from IRS certified volunteers starts Feb. 4, continues Tuesdays & Saturdays through April 18 – My SSnews.com



Tax return aid from IRS certified volunteers starts Feb. 4, continues Tuesdays & Saturdays through April 18
My SSnews.com
Free assistance will be offered two days a week for individuals in need of help in preparing their annual federal tax returns. Local Internal Revenue Service certified AARP volunteers will be preparing 2016 income tax returns from 9 a.m. to 1 p.m

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