E-NEWSLETTER
Sign up for the Tax Mam newsletter and receive the latest tax updates and due date reminders.

Watchdog Growls At IRS' Audits By Mail

Forbes.com
     By Ashlea Ebeling

Taxpayers suffer when IRS mishandles their responses.


A new report from the Treasury Inspector General for Tax Administration lends support to growing complaints about the Internal Revenue Service's big audit-by-mail program.

The IRS has increasingly relied on these correspondence audits, focused on one or two narrow issues, to maintain its audit coverage of normal taxpayers as its auditor corps has shrunk. Taxpayers are sent a letter that, for example, says their charitable or un-reimbursed employee business deductions will be denied and a certain amount of extra taxes assessed unless they provide acceptable documentation supporting the deductions within 30 days.


Read the article »

ArrowPrint-Friendly

ArrowSend to Friend

ArrowAsk a Question

The IRS Has A New Weapon: Your Tax Pro

The IRS Has A New Weapon: Your Tax Pro Wall Street Journal

    By Tom Herman

A new law that puts the onus on tax preparers to head off tax dodging is expected to lead to more paperwork and higher fees for some taxpayers.

The law is intended to make preparers more cautious about signing tax returns that include questionable or aggressive tax items without disclosing the details to the Internal Revenue Service on a special form. Stiff penalties may be imposed not only on income-tax preparers, but also on those who prepare estate- and gift-tax returns, employment and excise-tax returns, and returns of tax-exempt organizations.


Read the article »

ArrowPrint-Friendly

ArrowSend to Friend

ArrowAsk a Question

Q&A: Tax expert explains what's new this year

Mercury News
      By Sue McAllister

Claudia Hill knows so much about taxes that she's testified in front of two U.S. Senate committees on the subject, including the dreaded Alternative Minimum Tax (AMT), a thorn in the side of many Silicon Valley workers. She is an Enrolled Agent, meaning she has passed a federal government test allowing her to represent clients in disputes with the Internal Revenue Service, and she's spent more than 30 years helping people navigate tax season. She sat down last week with Mercury News reporter Sue McAllister to talk about what's new this year. Here is an edited transcript of that interview.


Read the article »

ArrowPrint-Friendly

ArrowSend to Friend

ArrowAsk a Question

SEMINAR SPEAKERS & COURSE AUTHORS

ClientWhys CPE About Us
    Read below what ClientWhys has to say about Claudia

Claudia Hill

Claudia Hill is a nationally recognized tax professional and frequent lecturer on taxation of individuals, tax planning and representation before the IRS. She is Editor in Chief of the CCH, Inc." Journal of Tax Practice & Procedure" and is a Contributing Author of Practitioner's Publishing Company's "Guide to Dealing with the IRS." She is often called upon by the news media as a resource person for tax topics for periodicals such as WORTH, Money, Wall St. Journal, the San Jose Mercury News and many others.


Read the article »

ArrowPrint-Friendly

ArrowSend to Friend

ArrowAsk a Question


XML ButtonWhat's This? Bookmark and Share PDF