The IRS Audit Blog

Archive for April, 2009

Question: I want to learn n get the guidelines for Learning Tax Audit?

I want to learn n get the guidelines for Learning Tax Audit,
Do anyone know the link where I can get the guidelines n instructions
From where I can download the file (preferably Word file)

Answer: Best advise I can give is get ahold of H&R Block they maybe able to help you.

Analysis: Media Forecast 2010

It would be an interesting, albeit purely academic exercise to imagine how the advertising industry would look right now if we hadn’t been hit with the biggest economic downturn since the 1930s.

Accounting Tutorial The Tax Year Training Lesson 2.3

Related Sites

The business model for independent brokerage firms is under threat, calling into question the livelihood of over 178,000 registered representatives.

Employee versus Independent Contractor Tax Tips

Question: Filed incorrect Form 8863, how do I fix?

I was notified that I needed to send in my Form 8863 to back-up my 1040. I did submit Form 8863 incorrectly. I have not received my refund and the IRS letter is very vague in terms of instructions. Do I just send in a correct 8863 or do I also send Form 1040X? I am asking because most people say that you only use 1040X once you receive your refund. Thanks.

Answer: Photocopy the letter that was sent to you.

Do the 8863 correctly. Even if the total is different than what was on the original return.

Add a paragraph letter. Here is the 8863, sorry the total’s different. Thank you.

Once they have it, they can enter it into the computer as is. No 1040x required.

Fax (if allowed) or mail it back in.

Cut Taxes Without Itemizing

Taxpayers who fit into special categories, might be able to claim at least one of the dozen-plus deductions found directly on Form 1040.

How to Complete and File a 1040EZ Tax Form : How to File a Single Income 1040EZ Tax Form

Question: Married 9/08, found out he owes $40 thou in back taxes?

Assets he brought into marriage = a few pieces of furniture. We are in NC. Can the IRS levy my home, (no equity, my mortgage), my wages or my furniture, etc? Will they consider me responsible since I married him? He is talking with an attorney friend, states his ex wife has signed for the registered letters and tossed them. Please tell me the IRS has grace in the situation of an innocent spouse, who should have done a background check.

Answer: Someone didn’t check someone credit history or do a background check before marrying. Now a days not a good idea, always check everything out.
Okay if you state your husband owes IRS, then you state his ex tossed the certified letters, then your husband doesn’t owe IRS yet the certified letter were LTR3219C giving him 90 days to file his returns,and if he doesn’t file within the 90 days the IRS will file for him and then he more than likely will owe the $40K
Have him call IRS immediately at 1-800-829-0922 or 1-800-829-7650 or or 1-800-829-8374 or visit his local IRS office to find out exactly what the certified letter were about. He can always file his returns even if IRS files for him.
Have “him” call IRS. If you do file joint returns with him then IRS will offset any refunds and apply to his account. IF you don’t file joint returns then they will not take your refund.

Cousins Properties Declares First Quarter Common and Preferred Stock Dividends

ATLANTA—-Cousins Properties Incorporated announced today that its Board of Directors has declared a quarterly dividend of $0.09 per share, payable March 15, 2010, to common stockholders of record as of February 1, 2010.

Colorado College Votes

Kurt Kelly to run against Alan Grayson

By Bill Thompson Staff writer State Rep. Kurt Kelly ended speculation Tuesday about whether the Republicans could find a name challenger in their attempt to unseat controversial Democratic congressman Alan Grayson.

Orlando Criminal Defense Florida Civil Litigation Attorney Mark Horwitz