Kate Smith of Kiplinger.com writes in Pennies on the Dollar Tax Relief Offers Should Be Scrutinized: Tax troubles keeping you up at night? Then you’ve no doubt
If you’re an insomniac you may recognize Roni Deutch from her ubiquitous late night infomercials promising taxpayers pennies on the dollar settlements with the IRS: Joe Kristan writes about
Linda Beale reports that the IRS is making the Offer in Compromise process easier for taxpayers: “The IRS has announced more flexible offer in compromise terms,
The IRS is apparently so happy with the results of it’s offshore voluntary disclosure program that it has established a similar program in the area
IRS Commissioner Doug Shulman has come out for tax simplification: Most taxpayers want simplicity. They want to pay what they owe, understand what tax benefits
When you file or pay your taxes late or are audited and changes are made to your return the IRS will usually assess a penalty
The IRS audited my 2007 and 2008 tax returns and disallowed 100% of my business expenses because the auditor said I didn’t have sufficient records. I hired The Pappas Group and they were able to prove by other means that my deductions were valid and the IRS ended up only disallowing about 15% of my expenses. Had I not hired Pappas I would been assessed taxes, penalties and interest in excess of $100,000. The Pappas group now does all of my accounting work and prepares both my business and personal tax returns.
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