Technically, a return is any taxpayer verification of income and deductions and an agreement with the IRS, or at least no contest from the IRS. The form that everyone files every year is one definition of a return, but it is not the only one. Many times, if you are already involved on an IRS […]
Identity Theft - Fraud
The process of fighting an Identity Theft case can be frustrating. It is compounded by lack of help from the IRS & the aggravation of completing the required forms.
Why won’t the IRS help me?
Dealing with the IRS is made more frustrating by the complete lack of help you will receive from the IRS employees. The publications they print are hard-to-follow and offer no guidance. Any letter you receive from them is packed with methods to pay but little advice on how to fight. The reason for this is […]
IRS Procedures for Business Taxes
Business taxes are often not Income Taxes because a small business doesn’t usually pay Income Taxes. That is because many are either S Corporations or LLC’s. Thus, the entity could never be responsible for income taxes since the taxes are passed through to the owners. However, the tax typically imposed on S Corporations & LLC’s […]
Identity Theft Letters & Notices from the IRS
Identity Theft has become a major problem in the US but there are different problems associated with different kinds of ID theft. Identity theft of your credit card or bank information has a different effect on you than someone filing false documents on your behalf with the IRS. The effect on you depends on which […]
Beware Tax Scams
Types of Fraud The definition of “fraud” has a legal (civil & criminal) implications explored in Criminal Actions & Penalties. It is essentially trying to gain an influence over someone by deception. Taxpayer Fraud In the 1980’s there were a lot of tax scams involving bogus deductions or credits to obtain large refunds as well […]