Last week, I received a frantic call from a woman who had utilized a free IRS service to file her 2010 taxes. While conversing with the IRS representative who helped her file her 2010 taxes, she found out that her 2009 return, which was filed electronically, was rejected and never re-filed. She immediately went to… Read more
Tax returns are audited for several reasons, but the methods by which the IRS flags a return for audit are more limited. There are essentially two main ways an audit is triggered – (1) selection based on a closely guarded IRS computer scoring system and (2) selection based on mismatched information filings (i.e., W-2’s and… Read more
The IRS recently announced changes to its lien process. The goal is to help individuals and small business owners who are struggling to pay back taxes. IRS Commissioner Doug Shulman stated that the changes “reflect a responsible approach for the tax system.”1 At this point I’m going to have to say I agree. What is a… Read more
