New transcript format is now available to protect your information from any identity theft. This original transcript incompletely masks the personally identifiable information of person...
Posted by LLOYD J CAZES CPA on 07/25/2019
There is no hard-and-fast method for differentiating between a hobby and a real business based on a tax return. There is no way to tell a business from a hobby except by the use of...
Posted by Elliot Kravitz, ATP on 07/25/2019
Tax preparation is not the main tax-related issue with which seniors may require additional help. Sadly, a ton of phone, postal mail, and email scams target seniors explicitly. The...
Posted by Valderas Financial Solutions LLC on 06/19/2019
We need control of our own identities, and that is an issue. Birthdates and personal residences have for some time been available through a quick Google look, however, at this point,...
Posted by Accounting Advantage, Pa on 05/29/2019
The IRS recently issued a warning about a new trick on the usual impersonation phone scam. An independent organization within the IRS called Taxpayer Advocate Service is being impersonated...
Posted by Valderas Financial Solutions LLC on 05/20/2019
Rejecting tax extension application through e-file or on paper isn’t really something that the IRS would do a lot of times. However, they have rejected tax extension applications...
Posted by Elliot Kravitz, ATP on 04/17/2019
You may be one of the many taxpayers who need to open a bank account, pay U.S. taxes, file a U.S. tax return, aside from other things but may not get qualified for an SSN or Social...
Posted by Advanced Accounting & Tax Planning on 04/17/2019
The IRS has issued a notice about another gimmick on the old IRS pantomime telephone scam. In this variant of the fraud, lawbreakers endeavor to persuade taxpayers that they are calling...
Posted by YourIRSTaxAdvocate.com on 04/11/2019
The student interest deduction is a tax deduction of the interest paid on a post-secondary education loan during the fiscal year in the United States, the amount of the lowest deduction...
Posted by Global Accounting on 04/09/2019