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Beware of IRS’ 2010 “Dirty Dozen” Tax Scams

Videos Dirty Dozen: English Message for Tax Preparers: English | ASL Choosing a Tax Preparer: English | Spanish | ASL For this and other videos: YouTube/IRSVideos Courtesy of IRS WASHINGTON — The...

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Ask TaxMama Issue 544 – Go HIRE Someone

Dear Family, Do the weeks seem to fly by faster and faster? Whew! It was just Monday a few minutes ago. OK, the big excitement this week was Congress pushing through the HIRE Act – and President Obama...

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2011 Tax Cuts

Today TaxMama wants to address the year-end tax stalemate in the U.S. Legislature. Dear Family, It’s SOS Time  – time to step up and Save YourSelves! It’s time to let your legislators know how you...

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Stupid Tax Tricks – Things Not to Do

None of us enjoys paying taxes. We see the very rich layer of society getting away with murder financially and naturally want the same privileges in life. Besides, getting something for free always...

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News Flash – IRS Amnesty on Offshore Accounts

Second Special Voluntary Disclosure Initiative Opens; Those Hiding Assets Offshore Face Aug. 31 deadline  Courtesy of IRS [TaxMama note: We have been anxiously awaiting this announcement. IRS had...

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Five Tax Scams to Avoid this Summer

Courtesy of IRS Hiding income offshore, identity theft and return preparer fraud topped the IRS’s list of tax scams in 2011. The Internal Revenue Service issues an annual list of the top 12 tax scams,...

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Greatland Offers Tips to Navigate 2011 Tax Changes

Courtesy of Greatland Corp Avoid penalties, improve compliance and know the important changes for the 2011 year-end   Grand Rapids, Mich., Oct. 25, 2011 – Every year brings with it new changes related...

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Repeal of 3% Withholding Provision is Unanimous! Why?

HR 674 was passed by the House this week and sent to President Obama for signature. The AICPA is happy with this law. In a press release, Edward Karl, vice president of taxation for the American...

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IRS Releases New Tax Gap Estimates; Compliance Rates Remain Statistically...

Courtesy of IRS. WASHINGTON — The Internal Revenue Service today released a new set of tax gap estimates for tax year 2006. The tax gap is defined as the amount of tax liability faced by taxpayers that...

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Missed the Income Tax Deadline – IRS Offers Help for Taxpayers

Courtesy of the IRS The IRS has some advice for taxpayers who missed the tax filing deadline. Don’t panic but file as soon as possible.If you owe money the quicker you file your return, the less...

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