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Tax Tips & News: taxpayers

TurboTax is Hiding Price Increase

4 minutes read

Are You Sure…You Wan’t To Use TurboTax?

TurboTax, the leading do-it-yourself tax software by Intuit, has caused an uproar with their customers claiming shady tactics of “price gouging” & “bait & switch”.  Intuit has removed popular tax forms from their Basic & Deluxe programs, forcing clients to upgrade their software by at least $30 in order to have access to the same forms that were in last year’s programs:

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“Worst Filing Season Ever” Predicted For Taxpayers

3 minutes read

I just got hung up on by the IRS…again!

IRS Commissioner John Koskinen recently suggested that the 2015 tax filing season could be misery for taxpayers and IRS employees alike. Between extensive wait times to speak to a representative, implemented laws that have not yet been reflected in the tax code and congressional gridlock, this may be the worst tax season on record.

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Deadlines Extended For NY Taxpayers

2 minutes read

Deadlines Extended

Due to Hurricane Sandy, the New York Department of Taxation has extended filing/payment deadlines.

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IRS Plans To Increase Audits Of Small Businesses

4 minutes read

IRS To Increase Small Business Audits

The IRS recently announced that it plans to increase audits of small businesses in the hopes of closing a $450 Billion gap.  This announcement is interesting because it come on the heals of a recent report that most audits of small businesses turn up nothing.  The eight significant audit areas the IRS will be concentrating are:

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