Civil Liabilities Archives - Page 13 of 13 - FREE Yourself from IRS Problems

Shamsey Oloko March 5, 2015 Audit, Civil Liabilities, Civil Penalties, Deductions, Income, News 0

How to handle Tax Summons

Typically, when you are receiving anything from the IRS, the experience is very stressful. Of course, there is the positive experience of receiving a refund check, but when people receive anything other than this, great stress is typically involved. Many…

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…

Shamsey Oloko September 15, 2011 Audit, Business Expenses, Charitable Contributions, Civil Liabilities, Civil Penalties, Deductions, News, Representation, Taxable Income 0

TOP TEN WAYS TO GET YOUR RETURN AUDITED

1. Unreported 1099 Income – This is perhaps the easiest way IRS can track down non-complying taxpayers. Every single Form 1099 issued to a taxpayer is only but a copy of the one in IRS records – IRS is aware…