| IRS Notices |
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| Nobody likes getting mail from the Internal Revenue Service unless, of course, it is a check. But do not panic - the news is not always bad! There are many reasons why the IRS might send you a notice, ranging from a request for payment, a notification of a change in your account, or simply a request for information. More... |
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| Taxpayer Assistance Orders |
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| A taxpayer who believes that he or she is suffering, or is about to suffer, significant hardship as a result of the way in which the tax laws are being administered may be entitled to help from the Office of the National Taxpayer Advocate. The National Taxpayer Advocate has the authority to issue a taxpayer assistance order (TAO) upon the taxpayer's approved application. More... |
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| Who May File a Joint Tax Return |
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| When a couple files a joint tax return, they are considered a single economic unit in the eyes of the Internal Revenue Service. But not every "couple" is entitled to file a joint return. Only a married couple may file jointly, They do not have to be married for the entire year. A husband and wife must be married on the last day of the tax year in order to benefit from the joint filing status for the entire year. These benefits include a lower tax rate and certain credits, such as the earned income credit, the tax credit for the elderly, and the credit for child and dependent care expenses, which are only available to married taxpayers who file a joint return. More... |
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| Deductions for Daycare Providers |
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| Normally, a taxpayer seeking to take deductions for the business use of his or her home must meet the following qualifications: the business use of part of the home must be exclusive, regular, and for a trade or business AND the business part of the home must be either the principal place of business, the place where the taxpayer meets with clients, patients, or customers, or a separate structure not attached to the home. More... |
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| Cemetery Companies |
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| An organization that operates solely for the purpose of disposing of human bodies by burial or cremation may be entitled to tax-exempt status under Internal Revenue Code Section 501(c)(13). A cemetery company is not permitted to engage in any business not necessarily incident to that purpose, such as operating a mortuary. However, an organization that sells monuments, markers, vaults, and flowers solely for use in the cemetery will not lose its tax-exempt status. More... |
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