The IRS Audit Blog

Archive for December, 2010

Question: married h2b visa holder in the U.S. filed single in the irs. would that be a problem?

im here in the states with h2b working visa. in my w2 form says im married. but i filed single to get more refunds. am i gonna be in trouble? what would be your basis to your answer. thanks!

Answer: Go here or call

Central Texas’ top 10 stories of the year

Central Texas’ top 10 stories of the year

What is America’s True Form of Government?

Question: New to the bussiness world. At what point do I start chargeing sales tax? I have a handyman/construction.?

I have been doing side jobs for years but now I am stating go main stream. I have always claimed my income to the IRS but now at this point when if any do I start charging sales tax? I was living in California and now live in El Paso Texas if that makes any difference. Is there anything else I should be aware of?

Answer: Typically sales tax is collected on tangible items that you sell. Usually sales tax is not required for service work.

Law creates paperwork fiasco for businesses

The House rejected an effort to repeal part of the new health care law that requires millions of businesses to file tax forms for every vendor that sells them more than $600 in goods.

The United States Treasury IS BANKRUPT!

Question: How to prove time test to deduct moving expenses?

The form 3903 does not ask for any proof for the time test. Do I need to include something? Also, how does the IRS verify this/how is it enforced? I’d like to make sure I have all the documents ready.

Answer: You do not need to include anything for the time test. You do not even have to have met it prior to filing your taxes, you just need to expect to meet it. You need to work 39 weeks out of the 12 months after your move.

The IRS verifies this mainly through audits. They randomly select people and ask to see the support. They could also check this based on your W-2 and the tax withholding done ou. Your pay stubs would be a good way to show you have worked for 39 weeks if you were audited.

New law leaves IRS, tax pros scrambling

SANDPOINT – When Republicans in Congress flexed their muscle for new tax changes and President Obama signed the bill into law in mid-December, the deal appeared to be a classic political fait accompli.

Roxanne Grinage Listens to WDAS Michael Baisden Learns President Obama Moving America Forward Rally

Donate Your Car by December 31 for a 2010 Tax Deduction

VAN NUYS, Calif.–(BUSINESS WIRE)–Tips to safely navigate the car donation industry and maximize your 2010 Tax Deduction

Car donation CT Connecticut=Huge IRS warning!

10 fees that can wreck your retirement savings

It’s said that what you don’t know can’t hurt you. Not so. What you don’t know can cost you, and sometimes cost dearly. Case in point: Advisers and others said there’s a host of unknown costs and fees lurking inside your 401(k) plans, IRAs and other such retirement accounts.

Henry & Horne, LLP – Not-for-Profit Services