IRS tax scammers are still at it. This time, Obamacare customers are being targeted as the enrollment for 2017 coverage under the Affordable Care Act has begun and despite the IRS's continued warnings to consumers about these tax scams and the penalties if people choose not have health insurance.
Read MoreIn recent years, the IRS’s delinquent collection rate has been abysmal. As the IRS’s performance continues to wane, the IRS just selected four private debt collection agencies to collect overdue tax debts that the IRS is not actively pursuing.[1] These agencies are:
Read MoreAfter several House Republicans called for a vote to impeach Internal Revenue Service commissioner John Koskinen last week, a formal impeachment hearing before the House Judiciary Committee will begin on Wednesday.
Read MoreThe night is dark and full of terrors. Well, this is true if by “night” George R. R. Martin meant filing your taxes. Back in February, when the IRS filing deadline was approaching for most peoples’ 2015 taxes and everyone was hard at work to avoid filing late, IRS scams were rampant, as was to be expected for the time.
Read MoreWhat would you do if someone stole your name? While some people may become enraged, I suspect the vast majority of people would not care. Indeed, for almost everyone in the world, there is already at least one other person alive with an identical name.
Read MoreDoing your taxes goes hand in hand with planning for your future financially. This Part 3 of the Guide to Tax Professionals explains what a Certified Financial Planner (CFP) is and CFPs’ role in tax planning.
Read MoreTaxpayers frequently seek out accountants to do their taxes over other tax preparers, often without knowing quite why. This Part 2 of the Guide to Tax Professionals explains what a CPA is and why having a CPA do taxes can be beneficial.
Read MoreBusinesses operating in the cannabis industry face risks – just like any other business. Though some of those risks are unique to the industry, they are real, and they must be managed. Marijuana businesses are sprouting in record number as states like Colorado legalize private growing, distribution, and sale.
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