IRS News


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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Nov, 201813

Amazon HQ2: Breaking down the tax breaks - The Mercury News

The Mercury NewsAmazon HQ2: Breaking down the tax breaksThe Mercury NewsAmazon stands to get nearly $2.5 billion in tax breaks and other incentives as part of its deals to open up two new offices with more than 25,000 new jobs at each location. New York ...

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Nov, 201813

How The New Tax Laws Affect Your Meals And Entertainment Deductions For 2018 - Forbes

ForbesHow The New Tax Laws Affect Your Meals And Entertainment Deductions For 2018ForbesFor business owners, entertaining and dining with clients, vendors and potential employees is a successful strategy for building strong business relationships. While ...

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Nov, 201813

Opinion: Want to keep people working longer? Expand the earned-income tax credit - MarketWatch

Opinion: Want to keep people working longer? Expand the earned-income tax creditMarketWatchThe earned-income tax credit, or EITC, was introduced in 1975 as a modest temporary refundable credit for low-paid workers to reduce the effects of a rising payrol...

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Nov, 201812

Ask Your Tax Pro About 199A - Forbes

ForbesAsk Your Tax Pro About 199AForbesAsk your tax pro about 199A. That pretty much is most of the practical advice that you need to take away from this piece, which is more a reflection on the way significant changes in the tax law are actually impleme...

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Nov, 201812

Trump's Tax Cut Was Supposed to Change Corporate Behavior. Here's What Happened. - New York Times

New York TimesTrump's Tax Cut Was Supposed to Change Corporate Behavior. Here's What Happened.New York TimesThe $1.5 trillion tax overhaul that President Trump signed into law late last year has already given the American economy a jolt, at least...

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Nov, 201807

What Democratic Control of the House Could Mean for Your Wallet

A change in control will block renewed tax-cut initiatives, but there may be room for accord on drug pricing and even stimulus, if the recovery falters.

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Nov, 201801

There’s No Going Back. The G.O.P. Is Trump’s Party.

The president has reclaimed the formula that made the landslide victories of the Nixon and Reagan years possible.

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