I
have gathered a few notes from the IRS that everyone, I hope, will
be able to find something of interest. These are unedited e-mail
news letters from the IRS that you can have emailed to you by
signing up at Subscribe to IRS Tax Tips.
I am also looking for anyone who wishes to write a guest post
for this site during tax season. Reason being in an effort to keep
this site listed at alltop.com there has to be a new post/update at
least every 28 days. If you are interested in writing for this site
during tax season, please contact me and let me know. (just a few
post, more if you’re interested)
1. Gather your
records…now! It’s never too early to start getting together any
documents or forms you’ll need when filing your taxes: receipts,
canceled checks, and other documents that support an item of income
or a deduction you’re taking on your return. Also, be on the
[...]
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taxguy
Tags Early, Site, Tax, Post, Forms, Taxes, Irs, Deduction, 1
A
young newly wedded (three years) couple has their tax return done
by “pros” as they are not among those who follow the taxing world.
We will call them Pat and Jody Taxpayer. Having just started their
own Business they left HeRBert (the group who prepared their
returns) for what to them was perceived as a tax professional. They
retained a CPA to handle some general bookkeeping and complete tax
returns.
The CPA (Certified Public Accountant) maintained records by gaining
access to Pat & Jody’s bank account using the online
statements. The first tax season for this CPA came around and she
completed the 2007 tax return. Another year passed, and she
completed the 2008 return.
Several months ago, the IRS notified the Taxpayers that the 2007
return was under investigation. Seven lines [...]
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via taxguy
Tags Online, Tax, Cpa, 2007, Return, Season, Came, Completed, Returns
