Tag Archives | irs

Monopoly Income Tax Ver1

That’s no Valentine in your mailbox- what to do when the IRS sends you a not so loving letter

In a world of electronic communication, who doesn’t love getting a letter? As long as it’s from a friendly face and not signed, “your friend, the Internal Revenue Service.”  But if you’re one of the lucky millions who receive a letter from the IRS each year, what should you do? Job one:  OPEN THE LETTER.  Anything […]

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Thief

The IRS Breach and What it Means to You

Data breaches have become so common lately that you may not even blink.  However when it happens to the Internal Revenue Service and affects some 100,000 taxpayers, that’s bound to get your attention.  This week the IRS announced that not only did hackers compromise the tax records of those 100,000; attempts on another 100,000 were […]

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anti botox brigade

Making the Most of the Mileage Deduction

One of the most stressful parts of tax filings is gathering the information.   Looking for cancelled checks to prove charitable deductions or finding tax receipts and interest statements is one thing, but gathering proof of transportation or home office expenses when your record keeping has been lax can be excruciating.   Managing tax record keeping as […]

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