by Kevin Thompson | Apr 1, 2015 | Tax Laws
Because of the mix up with tax return related health care issues, you may not be audited by the IRS if you filed an inaccurate return. But beware, the IRS is still looking for other mistakes you may have made and request an audit. Below are 8 reasons you may...
by Kevin Thompson | Mar 23, 2015 | Tax Laws
A new survey revealed that leaders in small business consider their accountants to be the most important professional for their organization. 393 small business leaders took part in the survey that was conducted by Wasp Barcode Technologies. They make asset,...
by Kevin Thompson | Mar 19, 2015 | Tax Laws
There is good news for America. More jobs are being produced and the unemployment rate is down. But even still, many companies report that it’s hard to find workers because wages are too low. Workers paychecks are low and they aren’t reaping the benefits that an...
by Kevin Thompson | Mar 10, 2015 | Tax Laws
There’s less chance the IRS will audit you. The 2014 IRS audit rate was at the lowest level in at least 10 years and may drop even further according to the agency. The percentage that an individual’s tax return was examined in person or through the mail fell to...
by Kevin Thompson | Feb 26, 2015 | Tax Laws
The federal insurance marketplace healthcare.gov recently announced that approximately 800,000 taxpayers were sent incorrect information on their form 1095-A and they are urged to wait to file their taxes until the first week of March. The 800,000 people who...
by Kevin Thompson | Feb 12, 2015 | Tax Laws
In a recent decision, that prevents the IRS from regulating unenrolled tax preparer, the agency has decided that even though a tax preparer has been suspended or disbarred, it cannot ban them from preparing taxes or block their PTIN. (Preparer Tax Identification...
