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MYIRS Blog

Types of IRS Audits

  Types of IRS Audits Getting picked for the IRS audit is enough to make anyone sweat. We all fear and dread that moment, don’t we? The real question is: is it because of the way we conceive the idea of getting audited or is it actually that...

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MYIRS Blog

IRS Audit RED Flags

IRS Audit Red Flags Some taxpayers get through the tax season every year unscathed while others undergo tax audits. An IRS audit is no less than a nightmare. Let’s just say nothing strikes fear in the heart of a taxpayer like getting selected for ...

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MYIRS Blog

The IRS Turns up the Pressure on Prosecutions for Identity Theft

The IRS turns up the pressure on prosecution for identity theft and sends a warning to criminals!  Click on the link below to see the Top Ten Identity Theft Prosecutions for Fiscal Year2014. http://www.accountingtoday.com/news/tax-practice/irs-step...

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Jul, 201820

Tennessee's tax-free weekend: What's included, excluded? - Knoxville News Sentinel

Knoxville News SentinelTennessee's tax-free weekend: What's included, excluded?Knoxville News SentinelThe countdown to Tennessee's tax-free weekend is on. While the weekend isn't as busy as the much-anticipated Black Friday sales at the F...

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Jul, 201820

GOP tax writer introduces bill to reduce capital gains taxes - The Hill

The HillGOP tax writer introduces bill to reduce capital gains taxesThe Hillthis week introduced legislation that would reduce the amount people pay in capital gains taxes, as conservatives press the Treasury Department to take action on the topic. The b...

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Jul, 201820

Diapers - yes, diapers - are tax exempt this weekend - AL.com

AL.comDiapers - yes, diapers - are tax exempt this weekendAL.comAlabama's back-to-school tax free weekend covers everything from clothes and shoes to computers and markers. But diapers? Tax free for back to school? According to the Alabama Department...

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Jul, 201820

The 5 most important questions about carbon taxes, answered - Vox

VoxThe 5 most important questions about carbon taxes, answeredVoxA carbon tax is just what it sounds like — a per-ton tax on the carbon dioxide emissions embedded in fuels or other products. (Other greenhouse gases, like methane, are translated into th...

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Jul, 201820

The Winners and Losers From the New 'Kiddie Tax' - Wall Street Journal

Wall Street JournalThe Winners and Losers From the New 'Kiddie Tax'Wall Street JournalParents and grandparents, beware: The latest version of America's “Kiddie Tax” will sharply raise the cost of giving in some cases. The Kiddie Tax is a ...

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Jul, 201817

Looking for a home in Berlin or Budapest? Prepare to pay more

Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank.

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Jul, 201813

The Virtues of a Summer Job

Working in the summer is less common among teenagers now as more do volunteer work or take classes. But as one educator said, “Summer jobs are a great idea.”

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