Business Expenses Archives - Page 16 of 18 - FREE Yourself from IRS Problems

Shamsey Oloko January 8, 2016 Business Expense, Business Expenses, Deductions, Ordinary and Necessary Expenses, Travel Expenses 0

DEDUCTING TRAVEL EXPENSES RELATED TO YOUR JOB

Everyone at one time or another has wondered about deducting their work-related expenses from their income in order to pay lower taxes. Especially those expenses related to travel, whether these trips and excursions are to and from work or out-of-town.…

Shamsey Oloko March 11, 2015 Audit, Business Expenses, Civil Liabilities, Civil Penalties, Deductions, News 0

How Should You Respond to a Notice of a Tax Audit?

There are few things as disconcerting as receiving the notice that the IRS will be conducting a tax audit on your return. Such a notice can be very upsetting and understandably so when it is totally unexpected. However, instead of…

Shamsey Oloko November 7, 2013 Appeals, Audit, Business Expenses, Civil Liabilities, Deductions, Fast Track Settlement Program, News, Ordinary and Necessary Expenses 0

IRS Fast Track Settlement Program

Yesterday, November 6, 2013, the IRS expanded nationwide, its streamlined Fast Track Settlement program (FTS), which aims to help small businesses and self-employed individuals under audit settle their differences with the IRS over their tax debts more quickly. The Fast…