Archive for the ‘IRS’ Category
Posted by taxguru on February 11, 2016
Posted by taxguru on January 24, 2016
I’ve discussed the frequent scams with crooks calling on the telephone pretending to be from the IRS.
Snopes has some tips on avoiding email based scams of the same kind.
The moral of the story is to always check with your own professional tax advisor before making any response to any type of communication from the IRS, including legitimate ones via snail mail.
Posted by taxguru on January 20, 2016
Certainly not the IRS, whose employees continue to flaunt their law-breaking with complete impunity.
It’s impossible to not wonder what would happen to any taxpayers who took this approach to an investigation by the IRS of their records. The repercussions against those taxpayers would be severe for daring to impede the IRS in any way.
Posted by taxguru on January 15, 2016
Once again, DC’s special Emancipation Day holiday results in a little extra time for individuals to file their 1040s.
We do need to remember Commissioner Koskinen’s poor record for truthfulness with his congressional testimony (aka Perjury). I do believe him with the April 18 filing deadline, but have serious doubt about his claims of better taxpayer service.
Posted by taxguru on January 14, 2016
Why wouldn’t they? Nothing happened to them for their previous illegal attacks on opponents of the bHo Regime. The IRS Commissioner even committed blatant perjury when testifying before Congress and he still has his job and will most likely be getting some kind of loyalty bonus.
Posted in IRS | Comments Off on Stating the Obvious
Posted by taxguru on January 8, 2016
Unless you have a question about problems with your own specific account, asking IRS for tax advice on how to handle things on tax returns has always been a bad idea. By their own admission, they answer more questions incorrectly than properly. Their phone advice has never been admissible as a defense against penalties.
Consulting with a professional tax practitioner has always been the more prudent way to go and well worth the cost. Our information is usually more accurate than what IRS employees dispense. More important, if a tax pro gives bad advice, you have recourse against him/her, unlike with IRS employees who can’t be held accountable for improper advice.
I bring this up because of a recent news story about IRS plans to make it even more difficult to get in touch with them. Last year, they admitted to not answering or hanging up on a majority of phone calls from confused taxpayers. Now, they want to get everyone away from phones altogether and force them to use the internet. Folks with no internet access will be SOL.
Posted in IRS | Comments Off on IRS scaling back customer service even more
Posted by taxguru on December 25, 2015
Over the next few months, as we and everyone associated with us (banks, employers, stockbrokers, etc.) are forced to reveal all of our personal financial details to IRS, this has to make you nervous as to who will get ahold of that info.
Posted in IRS | Comments Off on IRS still not secure
Posted by taxguru on December 18, 2015
IRS has released its standard mileage rates for 2016, down from the 2015 rates due to the lower fuel prices. These are useful for employee reimbursement plans.
Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
- 54 cents per mile for business miles driven, down from 57.5 cents for 2015
- 19 cents per mile driven for medical or moving purposes, down from 23 cents for 2015
- 14 cents per mile driven in service of charitable organizations
Posted by taxguru on November 19, 2015
More and more each day, all aspects of our lives are controlled by unelected bureaucrats who are never held accountable for their actions or the dire consequences that result.
This is just one small example.
Posted by taxguru on October 27, 2015
Who knows how far this will get; but it just feels good to see someone trying to punish IRS execs for their crimes.