To get my complete, FREE articlewith all the details… What’s more painful than sending withheld payroll taxes to the IRS? Having them embezzled by an employee! And believe me, it happens all the time. And when it does, you take a double hit. First, you lose the cash you worked so hard to earn.Second, you still have to make good the payroll tax money you owe the … [Read more...]
Audits
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Terrible mistake: filing your tax return late
To get my complete, FREE articlewith all the details… We all make mistakes, but here’s one you absolutely should never make… Don’t file your tax federal tax return late! Why? Because filing late can bring down the wrath of the IRS. And hard. Here’s what you face if you mess up… ****** For starters, a penalty of up to 45% ******and a full-blown IRS … [Read more...]
How to fix tax-return mistakes before the IRS finds them
To get my complete, FREE articlewith all the details… Anyone can make a mistake. But mistakes you make on your federal tax return can hurt you big time. You see, if the IRS picks up your errors, you may have to pay stiff penalties, increased interest accruals, and face other painful problems. To get the full story CLICK HERE Good news. The IRS gives you a … [Read more...]
The IRS goofs on the home-office deduction
To get my complete, FREE articlewith all the details… Does the IRS ever make a mistake? Take a guess at the answer! What concerns me in this issue of the Tax Reduction Letter is a specific IRS mistake that can cost you big money. I’m talking about how the IRS made a serious error in its publication that dealt with the home-office gross-income limit. To get … [Read more...]
Know the tax law to survive an audit
To get my complete, FREE articlewith all the details… Let’s face it. Nobody wants to fight the IRS. But if you’re going through an audit, and you’re convinced that the IRS is treating you unfairly, don’t roll over. Fight! Here’s how to come out a winner. Okay. The IRS is out to get you so you’ve decided to play David to the Government Goliath. The first thing … [Read more...]