Tag: tax problems

Q & A and Tips on Accounting, Taxes and Personal Finance.
Need a Passport? Make Sure You Pay the Tax Man First!

Need a Passport? Make Sure You Pay the Tax Man First!

We all have heard about the legends of people in times gone by who left for another country when faced with criminal charges here. However, this is no longer a possibility for American tax payers. The IRS reserves the right to revoke your passport for noncompliance with tax laws. This could have huge ramifications for […]

January 9, 2017 | By More
IRS Audit

IRS Audit

Why is the IRS auditing me? Did I cause my tax return to be audited? How can I prevent or at least minimize the potential of being audited? These are all questions that are asked when a taxpayer receives the dreaded letter from the IRS. Let’s start with what constitutes an audit by the Internal […]

February 22, 2016 | By More