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2013 Tax Tips; Vol. 2


IRS INCREASING “AUDIT-BY-MAIL” PROGRAM

By: Thomas Stemmy You may have noticed the government has already been trying to raise your tax bill — even before the debacle in Congress began. One IRS solution simply calls for the examination of more tax returns at the least possible cost to the government. Welcome to the IRS “audit-by-mail” program, which has led… Continue reading
 

IRS: GET REFUND INFO EVERY 24 HOURS

The IRS Released the following video.  Please watch for some valuable Tax Refund procedure information.  Highlights include: 9 out of 10 Refunds received within 21 days. Use IRS Mobile App “Wheres My Refund”. Refund information available as soon as 24 hours after submitted to IRS…Continue Reading

SIMPLIFIED HOME OFFICE DEDUCTION

WASHINGTON — The Internal Revenue Service today announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes. In tax year 2010, the most recent year for which figures are available, nearly 3.4 million taxpayers claimed deductions for business… Continue reading
 


Looking for additional resources?

Visit these sections of our blog for additional reading and tax resources: The True Cost of Doing Your Own Taxes

 

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