Archive for the ‘Blog’ Category

The IRS & Private Debt Collectors

09/06/17 11:39 am | Comments (0) | Posted By:

In September of 2016, the IRS announced that it would start using private debt collectors to recover certain overdue federal tax debts in the spring of 2017. To implement this new program, the IRS contracted with four private collection agencies: CBE Group, Conserve, Performant, and Pioneer. In carrying out their collection efforts, these four c...

Expecting a Tax Refund in 2017? You Might Have to Wait!

15/12/16 12:17 pm | Comments (0) | Posted By:

On December 9th, 2016, the IRS announced that the 2017 tax filing season will begin on January 23rd, 2017, when it will start accepting electronic tax returns. Per its website, the IRS is expecting more than 153 million individual tax returns to be filed during 2017, some of which will be affected by recent changes in tax law. Specifically, the ...

Summer Tax Tip: ‘Tis the Season to Give!

14/07/16 3:15 pm | Comments (0) | Posted By:

According to the Network for Good, 30% of all online charitable contributions in 2015 were made during the month of December. This is not surprising as the gift-giving spirit around the holidays inspires many people to donate to causes near to their hearts at that time. Fortunately for us taxpayers, a donation to an IRS qualified charity can pro...

Deploying to military combat zones: Tax regulations designed to benefit those who serve

28/04/16 9:13 am | Comments (0) | Posted By:

There are a number of beneficial tax provisions that have been implemented to help military members who have been deployed to combat zones and their families. Two substantial benefits are extensions of filing deadlines and military pay exclusions. To be able to take advantage of these special tax treatments, however, specific requirements need t...

Identity Theft: IRS Policy Change and Prevention Tips

23/11/15 4:35 pm | Comments (0) | Posted By:

Identity theft can be a devastating experience that can turn a person’s life upside down. In an effort to combat identity theft and financial crimes in general, the IRS Criminal Investigation examines possible criminal violations of the Internal Revenue Code and related financial crimes, including fraud related to identity theft. Each year, the ...

Tax Scams – Watch Out For New Tricks!

24/09/15 1:16 pm | Comments (0) | Posted By:

For many years now, the IRS has been continually warning the public about the ever-changing tax scams used by individuals to take advantage of unsuspecting taxpayers. These schemes can take place by mail, email, or over the phone and most often involve tricking the taxpayer into giving up personal financial information or intimidating the taxpay...

Lost and Found Dogs? There’s an App for That!

22/07/15 8:39 am | Comments (0) | Posted By:

  On June 22, 2015, Washoe County announced that it was the first in Nevada, along with the Nevada Humane Society, to team up with Finding Rover, an app that uses facial recognition to help identify lost dogs. Finding Rover consists of a free mobile app and website and is very easy to use. It has been extremely beneficial in assisting dog own...

A Quick Look at the History of the IRS

19/02/15 1:23 pm | Comments (0) | Posted By:

  Have you ever wondered when and how the IRS got its start? I did and so I did a little research. The IRS traces its origins back to the Civil War. In 1862, President Lincoln signed the Revenue Act of 1862 into effect. This law was intended to help pay for war expenses by establishing a Commissioner of Internal Revenue and the country’s f...

Avoiding Abusive Return Preparers This Tax Season

22/01/15 11:33 am | Comments (0) | Posted By:

Tax season is quickly approaching. According to its website, the IRS received 149,684,000 individual income tax returns in 2014 as of December 26, 2014 (2014 Filing Season Statistics). Of these returns, the IRS states that more than half were prepared by hired tax professionals. If you decide to hire a tax professional to prepare your tax return...

The Taxpayer Bill of Rights

23/10/14 8:00 am | Comments (0) | Posted By:

  On June 10, 2014, the IRS implemented the Taxpayer Bill of Rights. In an effort to make it easier for taxpayers to understand and access their rights when dealing with the IRS, this Taxpayer Bill of Rights arranges the numerous existing rights established in the Internal Revenue Code into ten basic rights. These rights include:

  1. The righ...

Will This Winter Help Our Drought?

18/09/14 8:00 am | Comments (0) | Posted By:

  On August 21, 2014, the National Oceanic and Atmospheric Administration (NOAA) released its U.S. Seasonal Drought Outlook for the period of August 21 through November 30, 2014. Unfortunately, for residents in California, Nevada, and southern Oregon, the predictions are not encouraging. According to the NOAA, the drought in these areas is ex...

Tax Scams: Beware of Fake Charities!

12/06/14 9:41 am | Comments (0) | Posted By:

  At the beginning of the year, the IRS released its annual list of “Dirty Dozen” tax scams. The list covers a variety of scams, ranging from schemes perpetrated by taxpayers themselves (such as hiding income offshore or implementing abusive tax structures) to scams that are committed against taxpayers without their knowledge (such as phishin...