|
Articles about Service tax (0-50 of 4011)
- Tax Reduction Affected By Cost Segregation
By: Patrick O Connor | - Tax reduction is just one of the benefits of cost segregation. Many real estate owners and tax preparers believe cost segregation simply defers payment of taxes. While they recognize it effectively generates an interest-free loan from the government, they do not understand it also provides tax reductions in most cases.
For most real estate owners (corporations are the exception) income is characterized as either ordinary income or capital gains income. It is not intuitive, but cost ...
Tags: Cost segregation, federal tax reduction, tax reduction.
- Payroll Tax--ways To Keep Away From
By: Leo Miller | - Some small trade proprietor can tell you about the payroll tax nightmare. The majority of the time, any expenses that are linked to your business can be added as an assumption on your taxes. A number of financial set back remains a business owner from being able to make their payroll taxes, and then the correspondence from the Internal Revenue Service reaches. Soon after that, a Revenue Officer pays an appointment, and it begins.
Almost payroll tax harms stem from mistakes rather th ...
Tags: Payroll tax problems
- Why New Clients Will Almost Always Tell You They Don't Want To Change Cpas Or Tax Perparers! (pt 1)
By: Michael Brier | - Having had experience with Accounting or CPA service prospects, you know it isn't at all that simple to sign them on as new clients. No matter how many experts explain enthusiastically how EASY it is...
...you KNOW it isn't easy.
And you are RIGHT. It is silly to explain away the multitude of problems that you face with a new prospective client. In most cases, that's where the work BEGINS.
With REFERRALS, it can be different. A genuine referral is act ...
Tags: CPA Marketing, Tax Marketing, Marketing Plans
- Service Tax On Equipment Leasing And Hire-purchase - Whether Un-constitutional ?
By: Taxmann | - Surender Kumar Jain
This article makes a comprehensive analysis of the decision of the High Court in Kerala Non-banking Finance Companies Welfare Association v. Union of India [2009] 20 STT 1, wherein a recent issue as to : whether charging of service tax on banking and other financial services which include equipment leasing and hire-purchase, is unconstitutional, has been considered.
1- Vide section 137 of the Finance Act, 2001 service tax is introduced on Banking ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- Finding The Right Foreclosure Service
By: Jeff D McQueen | - There is a high demand for specialized services in the real estate sector and one of these is the foreclosure services. Foreclosure Service Companies assist those who are suffering from money loss and at the risk of losing their home by helping them get the right information and helping them get through the foreclosure process quicker. They also offer assistance in other areas wherein one might have the need of. They can offer their services at any point in the foreclosure process, from the ve ...
Tags: Foreclosure Service
- Direct Taxes Code Is Silent On Tax Treatment Of Reverse Mortgages
By: Taxmann | - Srinivasan Anand G.
The Direct Taxes Code Bill, 2009 is silent on the tax treatment of reverse mortgage. The author opines that having regard to the nature of the transaction, the position which prevails under the Income-tax Act, 1961 will continue under the Code also. However, it is desirable that express provisions be incorporated.
1. Under section 47(xvi) of the Income-tax Act, 1961 (the Act), any transfer of a capital asset in a transaction of reverse mortgage ...
Tags: Company Laws, Foreign Exchange, Service tax
- Get Rid Of Your Debt With Irs Tax Debt Help
By: kathleenchester | - Any kind of issues with the Internal Revenue Service are enough to take away your peace of mind. In most the cases, the penalties are severe. This is in fact, the worse fear of most of the small business owners who either ignore their taxes or have dues every year. In such cases, the IRS can even shut your business, freeze your bank account, or even levy your house and other luxury items. In fact, this federal agency keeps a close eye on the small businesses for signs of tax fraud.
...
Tags: tax-attorney, irs-attorney, irs-help, tax-help, tax-relief,
- Know More About Government Tax Liens
By: Ranju Kumar | - There are services offered by many reliable websites one is the government tax liens. This kind of service gives the buyer a chance to claim for money that is higher than the other government tax liens. It is being secured by the real state as well as the mortgages.
The government tax liens list provided gives the buyer the capability to filter and sort the list suitable for your own criteria. The list spares you from visiting a courthouse that is a requirement in processing the r ...
Tags: Tax lien auction, government tax liens, delinquent tax, tax lien, tax lien sales, property tax lien
- Tax Problem Resolution - A Matter Of Financial Life And Death
By: Art Gib | - "Nothing is certain but death and taxes." I think I was about ten years old the first time I heard that phrase. Reflecting on the similarities between these two certainties, I find it curious that so many people are willing to go it alone when resolving their tax problems. There is no way they would try to handle death and burial without professional advice, either to prolong their lives or to clean up the mess of the inevitable, yet with regards to their taxes, they are more than happy to tr ...
Tags: tax problem resolution
- Certain Issues On Taxation Of Charitable And Religious Institutions
By: Taxmann | - Devendra Jain
In a vastly populated developing nation, the parallel role of NGOs in public welfare is indispensable. The Income-tax Act, 1961 has recognized the importance of the very concept of charity in the Indian society. The income derived by charitable institutions is exempt under section 10 or section 11. This article discusses certain issues arising out of section 11, which provides exemption to income derived from property held under trust for charitable or religi ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- File Your Free Tax Return Online
By: ronsmith2009 | - Here is a brief idea to clear what is tax return, as many have confusion for tax return and refund concepts. Tax return is a paper filed with state and federal system that declares a tax payer's liability for being taxed, depending on their annual income.
There is a small process to file tax returns. There is a provision to file online tax return provided by US government. The process of filing return involves filling of some papers and forms, with all the information regarding the ...
Tags: federal tax, tax returns, Income tax returns
- Irs Tax Relief- Solve Tax Problems
By: Leo Miller | - The IRS has proclaimed that Tax Relief for taxpayers who live in or have a business in the federal disaster area of Jefferson country in Kentucky precious by severe storms, flooding and straight line winds on August 4, 2009. The relief extends until October 5, 2009, limit for most returns including form 5500 and paying taxes otherwise due during the period of August 4, 2009 and October 5, 2009. For excise and employment puts due to during the period of August 4, 2009 and August 19, 2009, The IRS ...
Tags: IRS Tax Relief
- Alternate Submission Of Proof Of Imports -(for Listed Companies - Specific Facility)
By: Taxmann | - R Balakrishnan
Whenever the foreign exchange is acquired and remitted, the proof of import by way of exchange control copy of bill of entry needs to be submitted to the authorised dealer. Non-submission of the proof of imports would invite action against the importer and the Enforcement Directorate can initiate proceedings under the erstwhile Foreign Exchange Regulation Act or under the current Foreign Exchange Management Act. There could be occasions when the importer may not be ab ...
Tags: Company Laws, Foreign Exchange, Service tax, indian taxes.
- Get Tax Relief Just In Time
By: Jack Landry | - With bills and other expenses, sometimes taxes can put your expenses over the top. When this occurs, you can turn to a tax relief company for help.
Tax relief is basically defined as deductions that help reduce the original amount of tax owed to the IRS. Reductions include tax savings in the form of allowable deductions such as pension contributions, capital gains losses, and business losses.
Tax relief companies try to offer help to those in need of honest tax debt ...
Tags: tax relief
- Accounting Service - The Importance Of Accounting Service For Businesses
By: Cheow Yu Yuan | - In the tough times today, it is getting more competitive in the world of business. Recession and stiff competition pushes companies to perform at their optimal level in order to succeed. Recession has caused many consumers to tighten their wallets and companies need to do a great job in order to get people to buy their product or service.
One key factor that determines the success of a company is their finance. If a company wants to be successful, they need to make sure that their ...
Tags: accounting software, accounting service, book keeping, bookkeeping, payroll, payroll software
- Singapore Emerging Attractive As Tax Havens Are "grey Listed" By Regulations
By: John Media | - The organization for Economic Co-operation and developments (OECD) has "grey listed" certain jurisdictions that were once deemed as tax havens. They include Monaco and Liechtenstein. Bankers have orchestrated that with regulations for offshore financial centers increasing it appears that the number of players in the offshore financial field will diminish particularly if they seek to function only as a venue to park assets.
At a private Banking summit it was stressed that a greate ...
Tags: singapore, tax, havens, taxation, agreement, tax, exemption,
- Taxation Of Import Of Services In India And Levy Of Service Tax
By: Taxmann | - N. Vijia Kumar
This article deals with the taxation of import of services in India and evaluation of levy of service tax in the light of some relevant circulars and notifications. The author has also referred to a decision of the Bombay High Court in Indian National Shipowners Association v. Union of India [2009] 18 STT 212.
1. Service tax evolution is not only informative but also interesting. This levy was imposed by the Finance Act, 1994 and the subsequent Fina ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- Obama Urges You To Pay Off Your Tax Debt - Pay Less Than You Owe Through Tax Settlement Programs
By: Lindsy Emery | - If you were to ask people what three letters of the alphabet they most feared, chances are you would hear IRS. The Internal Revenue Service gives most people nightmares if they think they must deal with this agency. However, you will not make your bad dream go away by merely ignoring the problem. You must face it head on and be prepared with the knowledge ahead of time so that you can fight for your case.
If you are afraid that you might owe back taxes, the first step to take ...
Tags: Debt Relief, relief, tax debt relief, tax relief, Taxes
- Investment Based Deduction
By: Taxmann | - Kameswara Rao Challa
Budget 2009 has taken a new initiative by introducing the concept of allowing deduction under income-tax for investment made in a new business based on investment' and not based on profit earned. It has inserted section 35AD allowing deduction of investment in specified businesses under the Income-tax Act, 1961. This is in place of allowing for exemption or deduction of profit earned from a new business. This amounts to allowing depreciation upfront. With this n ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax
- China Tightens Royalty Payments Via Double Tax Treaty Residency
By: Dezan Shira & Associates | - The State Administration of Tax moved last week to clarify the treatment of royalties under the nations double tax treaties.
Guo Shui Han (2009) No. 507, published on September 23 and taking effect October 1, sets out the scope of permitted royalties under double tax treaties (DTAs) as well as what should not be treated as royalties. It also clarifies the application of royalty clauses of a DTA to resident beneficiaries only.
The scope of royalties as determined ...
Tags: China, business, tax, investment
- Tax Preparer - How An Overseas Filer Beat The Odds Of Filing Expat Taxes
By: john abraham | - The day I left my suburban life in Kansas City and decided to spend the next 30 months in Rio de Janeiro is something that I don"t regret. I was carefree and loved having left behind my American ways and embracing their exciting culture. Little did I know that I still had to pay my taxes, nor that Foreign Earned Income was even a sentence that my life would revolve around!. The knowledge hit me like a ton of brick. Who haven"t heard of IRS nightmares that consist of every aspect of your life spi ...
Tags: tax online, tax filing, tax preparer, tax preparation, file taxes, tax return preparation, taxes online, filing tax return, taxes filing, tax accounta
- Llp Conceptually Different - Why Taxed As Partnership?
By: Taxmann | - D.P. Mittal, Advocate
The Finance (No.2) Act, 2009, amended the definitions of the expressions firm and partner of the Income-tax Act, 1961, to include a Limited Liability Partnership (LLP) and its partners, respectively, as defined in the Limited Liability Partnership Act, 2008. The LLP is an AOP incorporated in accordance with the provisions of the LLP Act. The definition of person in the Income-tax Act, 1961, includes an association of persons or a body of i ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- How Tax Relief Companies Reduce Taxes
By: Jack Landry | - Life can be expensive and sometimes taxes can seem overwhelming. When this occurs, you need help from a tax relief company.
Tax relief is defined as deductions that help reduce the amount of tax owed to the IRS. Reductions can include tax savings in the form of allowable deductions such as pension contributions, capital gains losses, and business losses.
Many tax relief companies offer genuine help to consumers in need of honest tax debt relief. You can find a tax ...
Tags: Tax Relief
- Tax Lien Lady's Due Diligence Checklist For Tax Deeds
By: Joanne Musa | - Purchasing tax deeds calls for some extra due diligence since you actually purchasing the property and not just paying the taxes and putting a lien on the property as you are when you invest in a tax lien. Here is a checklist that you can follow when you are getting ready to purchase tax deeds. Please be advised that this is for educational purposes only and should not take the place of any legal advice.
You will probably want to start your due diligence for tax deed properties at ...
Tags: tax lien investing, tax deed sales, tax lien investing expert, tax sales
- About Reverse Mortgage! A Senior Can Earn Tax Free Monthly Income
By: Juhani Tontti | - This is the fact about reverse mortgage, which offers a better chance to take some cash out from your home equity, because the state will not eat a part every month. If you are age 62 or over and own the home, which is your permanent place of living, you are qualified for the reverse mortgage loan. There are no income nor credit criterion.
1. About Reverse Mortgage, Is It Really Tax Free?
When you think this tax free issue about reverse mortgage, you have already on ...
Tags: about reverse mortgage, how do reverse mortgages work, HECM, is reverse mortgage tax free
- Not Using A Tax Planning And Preparation Service? You May Be Paying Too Much Tax Or Risking An Audit
By: Daljeet Sidhu | - Hiring a tax professional is money well spent. Tax rules have become more and more complex. Using a pro to prepare your taxes may save you from paying more tax than you should. It is probably less costly to hire a tax preparation service than a nasty tax surprise and a visit from the auditors of the taxing authority in your country, for example the IRS in the US.
Rather than hire a tax preparation service at the end of the financial year, consider making tax planning a part of you ...
Tags: Tax preparation service, tax planning service, tax consultant, tax advisor, tax audit prevention
- Cost Segregation - Tax Deductions (take Every Legal Tax Deduction You Can)
By: Patrick O Connor | - Tax Rule No.1: Dont cheat the IRS. But that doesnt mean you should cheat yourself. Take every legal tax deduction you can.
In addition to the numerous tax deductions the Internal Revenue Service allows, research indicates that most U.S. taxpayers do not claim all deductions to which they are entitled. Some of the tax deductions business owners can claim fall under categories such as charitable contributions/donation deductions, medical and dental deductions, moving ...
Tags: Cost segregation, federal tax reduction, tax reduction, redu
- Goods And Service Tax - A Consumption Based Destination Tax
By: Taxmann | - V. Gangadharan
The Goods and Service Tax (GST), a landmark in the history of tax reforms, after the implementation of VAT, has started its journey by the Finance Ministers public endorsement of the dual GST model.
The dual GST model will comprise of a Central GST and State GST. The Centre and the State will each legislate, levy and administer the Centre and State GST, separately. GST centres round evolving an efficient and harmonize consumption tax system in the ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- Non-indication Of Service Tax In Bill - An Analysis
By: Taxmann | - M. Govindarajan
Whenever a service is brought into the service tax net, the service provider is liable to levy service tax on the service provided by him and to pay the service tax so collected from the service receivers. The Service Tax Rules make it mandatory to issue bill/invoice/ challan to the service receivers indicating the details as required by the rules including the service tax payable. In some cases, the Tribunal have held that if service tax is not levied, the gross amo ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- How To Stop An Irs Levy - Tips For Urgent Irs Tax Relief!
By: Mansi Gupta | - IRS levies have a way of striking without warning. In a flash your bank accounts, wages, or assets vanish without a trace. You might think you are safe from an IRS tax levy if youve avoided an IRS notice so far. But truthfully, you can not escape the dangers of an IRS bank levy, IRS wage levy, or any other IRS levy as long as you owe back taxes. When an IRS levy strikes, one of your best options is to work with qualified IRS tax specialists.
The first type of I ...
Tags: IRS levy, IRS wage levy, IRS tax relief
- The 1031 Investment Property Exchange - What You Need To Know
By: Jason Dodge | - So what is it? A 1031 exchange is a tax shelter that is allowed by the Internal Revenue Service (IRS). That tax shelter is only allowed for individuals who plan to invest the profits from the sale of an investment property into the purchase of another. Can anyone buying and reselling investment properties benefit from the 1031 investment property exchange? No. To benefit from this tax shelter, you must reinvest the entire profits from the sale. The good news is that money does not have to be spe ...
Tags: Investment property exchange, internal revenue service, tax shelter, sale
- Remanding Of Service Tax Matters
By: Taxmann | - M. Govindarajan
Service tax issue is the emerging one in the indirect tax matters. It opens the field to the professionals more to practice. In the proceedings before any quasi-judicial system, the principles of Natural Justice are to be complied with. Otherwise, the matter will be remanded to the original authority of the appellate authority to decide the case afresh which will cause further delay in the proceedings. This article highlights the decisions of the Tribunal in some cas ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- Specialties Of A Tax Attorney
By: Ranju Kumar | - There can be plenty of reasons for choosing a tax attorney over any other tax consultant. There are many types of professional tax consultants offering tax related services. However, the main drawback of making use of these service providers is that they will not have a legal background.
You cannot expect them to have he same levels of familiarity and expertise as a tax attorney possesses. Tax law is a very complex area and without proper knowledge, nothing can be done in tax rela ...
Tags: tax attorney, tax law firm, installment agreement, bankruptcy analysis, tax help, tax lawyer
- Features Of A Tax Attorney
By: Martin Martelle | -
There are several reasons for hiring a tax attorney over any other tax consultants. There are several kinds of professional tax consultants providing tax related services. But, the main disadvantage of hiring these service providers is that they will not have any legal background. These professional tax consultants cannot posses the same levels of expertise and familiarity of a tax attorney. Tax law is a very difficult and complex field. If a person does not have proper knowledge about t ...
Tags: tax attorney, tax law firm, installment agreement, bankruptcy analysis, tax help, tax lawyer, levy release, offer in compromise, unfiled tax returns,
- Functions Of A Tax Attorney
By: Martin Martelle | -
Tax attorneys are lawyers who are expert in the fields of tax law. They are better in handling complex, legal and technical issues. These people can solve any legal issue, which is related to tax. The most significant part is hiring the right person for the job, as they are the ones who you are going to get help in tax. You might be influence to appoint a practiced tax expert other than a tax lawyer. You have to know the things that can be done by a tax attorney before you appoint them. ...
Tags: tax attorney, tax law firm, installment agreement, bankruptcy analysis, tax help, tax lawyer, levy release, offer in compromise, unfiled tax returns,
- Tips To Avoid Stressful Tax Time For Military Personnel And Civilians
By: Military Loans | - Tax time is always a stressful period for active military personnel and civilians. But careful documentation of expenses can help facilitate easier filing of your taxes. Its always advisable for any taxpayer to keep, a proper record of their expenses and payments. These records are useful in case you are ever faced with an audit. By keeping an organized account of your expenses and payments, you may be able to reduce your total tax payments. Keeping organized documentation also leads to ...
Tags: military loans, tax, tips, army
- Preparing Your Taxes Without The Help Of A Tax Attorney
By: jhoana_cooper | - Did you know that it is easier nowadays to prepare your own tax returns even without the help of a tax attorney? All you have to do is to use tax preparation software. With the increasing sophistication of software development, automated tax tools also became more accurate and less complicated. Gone were the days when you have to spend countless hours just to prepare your taxes. It is also easier nowadays to get tax advice free provided by competent online tax support services.
Tags: tax advice free, tax attorney, tax software
- Why Tax Return Outsourcing?
By: hitechaccounting | - Everyone will be worried about tax returns after the first quarter of every year. If you failed to file the tax return within the set cut-off date, penalties may be forced. But if you actually think about it, lots of things can go wrong if you decide to go for manual paper filing.
Do not hang around until the tax filing time to start chasing for numbers. Always make a habit to keep proper records of all your finances. If you are occupied with other business critical operations, hire ...
Tags: online tax filing, tax help, tax filing, income tax
- Service Tax Budget Highlights 2009
By: Taxmann | - Service Tax "" Budget Highlights 2009
Monarch Bhatt-
The glimpse of service tax proposals forms the subject- matter of this article.
Nothing is certain but death and Tax- Benjamin Franklin
1. Economy may be good or bad, there may be any progress or not, there may be development or not, but imposition and leviability of taxes is certain for the growth of the country. Shri Pranab Mukherjee has also in his Budget done it for the benefit of the co ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- Save Money On Business Taxes With The Help Of A Los Angeles Tax Credit Consultant
By: Wayne Hemrick | - With the current state budget issues, not to mention a downturn in the overall economy in the United States, businesses located in California are understandably looking for help with finances. One of the best investments that business owners in Long Beach and Los Angeles can make is to enlist the services of a tax credit specialist. Los Angeles CPAs can help by examining your business plan and making sure that you are taking advantage of every business tax advantage available by law.
Tags: CPA services Los Angeles, CPA Long Beach, tax credit specialist Los Angeles, Los Angeles tax credit consultant, corporate tax planning Los Angeles
- Major Changes In Indirect Taxes
By: Taxmann | - V. S. Datey
1. Budget 2009 was presented before Parliament on 6-7-2009. The major changes in indirect taxes are summarised below:
2.1-No change in existing rate of service tax - Existing rate of service tax of 10 per cent continues unchanged.
2.2 -New services and expansion of some services - Four new services are proposed to be taxed. Coverage of some existing services is proposed to be altered/enhanced. The levy on new services and expanded services will ...
Tags: Company Laws, Foreign Exchange, Service tax, Income Tax.
- Digital Phone Service: Affordable And Reliable Communication
By: Taylor Jensen | - It was during my days working for an up and coming telecommunications company 10 years ago that I first heard of digital phone service and VOIP. Being a person who grew up with a standard issue rotary home phone I was fascinated by the capability to place a call through the Internet without being required to carry phone service. At the time I felt convinced that telephone providers would become a novelty of the past, and that someday all telephone service would be conducted online.
Tags: phone service, home phone, telephone service, phone providers, telephone providers
- The Short Sale Tax Implications
By: Lance Thorington | - In case of a real estate there are short sale tax implications which have to be noted. Primarily there are chances of receiving a form 1099-C for the total amount of loss which the lender has to bear. According to an U. S government agency dealing with taxes named Internal Revenue Service this is interpreted as loan forgiveness. Tax payment has to be made on the basis of the financial status of the borrower. If the borrower is solvent and has some assets like saving, he has to pay the required a ...
Tags: Short Sale Tax Implications, Short Sale, Tax Implications, Short Sale Tax,
- Accounting Outsourcing Service - New Domains For Business Support In Usa
By: Michelle Barkley | - Accounting Outsourcing Service has become more like a need than just a mere phenomenon. Moreover, there has been such a stupendous increase in the number of companies and firms and even independent accountants which do this work, that it has just become automatic now. Its spontaneous, needed and well yes, well crafted with the essential technological features that have been making every cumbersome task possible just with a click. The process of outsourcing these services is also reasonable and w ...
Tags: Accounting outsourcing service, back office outsourcing
- New Indian Goods & Service Tax Regime In Place By 2010
By: Dezan Shira & Associates | - The Indian government is studying tax reforms that will sweep away part of the current VAT system, a variety of state level direct and indirect taxes, excise duties, service tax and luxury tax and replace them with a single Goods and Service Tax (GST).
The GST will require legislative and constitutional changes in order to pass into law taking about ten months to prepare, get onto the statute and make necessary administration changes. The predicted rate for the proposed GST is sai ...
Tags: India, tax, business
- Finding A Good Tax Preparer
By: Charlie Reese | - When it comes time to do your taxes, no matter what time of year, you want to know you can rely on those you have chosen for tax preparation services to do a good and lawful job. You may have gone to chains like H&R Block for your taxes in years past, but you should know that they are not always the best choice.
They do fine for most, but sometimes, finding local help with preparing taxes actually works in your favor. You can be sure that any mistakes or errors are going to come back ...
Tags: tax, , tax preperation, , prepare taxes, , taxes online, , how to tax, , tax service, , tax services, , advice, , business;finance,
- Uk Tax Services| Get Expert Tax Advice
By: Ampassociates | - Heading: Get the Best Tax Advice and Save Money
Tax season is a stressful time of year for everyone. As a businessperson you may get entangled in a complex web of tax rules and regulations. Do you have questions pertaining to Income Tax Rates, Child Tax Credit, Education IRAs, Student Loan Interest Deduction, Estate & Gift Taxes, or the Marriage Penalty Relief?
Ampassociates Tax Service UK can help you prepare for all of these questions. We can help align your tax strategies with y ...
Tags: Tax Service, Tax Service UK, UK Tax Service
- Irs To Renew Random Audit Program
By: Matthew Donahue | - Starting in October, 2007, the Internal Revenue Service will soon be conducting a Random Audit Program. This type of Random Audit was done in the past, sometimes with unpleasant results.
According to the Wall Street Journal ("The Next Audit Scare," by Tom Herman, June 13, 2007) the Internal Revenue Service plans to revive its controversial practice of randomly selecting thousands of taxpayers for audits even when there is no reason to suspect any wrongdoing. The first audits wil ...
Tags: irs, Internal rRvenue Service, tax lawyer
- Audit Letters From The Irs
By: Rich Chappo.. | - Picking up the mail each day should not be hazardous to your health. That being said, there are a few letters you can receive which can raise your blood pressure. Getting one from the IRS that does not contain forms is surely the stuff of the end of the world.
Most mail from the IRS is thick. Whether you realize it or not, we are all conditioned to not freak out when such a letter comes. It is forms and we inherently know this. Ah, but what if you get a thin letter. This one is di ...
Tags: audit, irs, internal revenue service, tax, taxes, finance, finances
- The Taxpayer Advocate Can Help With The Irs
By: Richard A. Chapo | - Every business has a department that deals with complaints from customers. At the IRS, this department is known as the taxpayer advocate office.
Working for You
The purpose of the taxpayer advocate office is to provide taxpayers with a friendly source to handle customer service issues. The office is run independent of the IRS and has offices at every IRS center in the nation. The taxpayer advocate has a stated goal of resolving your problem with the IRS in seven s ...
Tags: tax, taxes, irs, taxpayer advocate, customer service, tax complaints, customer service
|
|
