The IRS Audit Blog

Posts Tagged ‘information’

Tax time: ‘Knowledge is your best weapon’

Tips to remember when filing your Oregon and federal income tax returns.

Kent Anderson Law Office

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

Question: How do I inform the IRS that someone does not live at my address?

For the past nine years I have been receiving mail from the IRS for the former owner of my home. Every year i write ” return to sender, does not live here”, but i continue to receive his mail from them. It is as if they do not process that information upon receiving the returned mail.

Answer: IRS.gov Click on Contact……..call them….Nuf Said

Big night for tea party: O’Donnell wins Delaware

It’s tea time in America. Conservative Christine O’Donnell pulled off a stunning upset over nine-term Rep. Mike Castle in the Republican Senate primary in Delaware Tuesday, propelled by tea party activists into a November showdown with Democrat Chris Coons. After a primary season shaped by economic pain and exasperated voters, the grass-roots, antiestablishment movement can claim wins in at …

Some IRS Letters Get Into Wrong Hands

Question: According to the IRS, more Republicans feel the “Bush Recession” than Democrats do. Why would that be?

Funny how: “freedom of information” works.

Answer: Because all the money went to Democrat areas, while the Republicans refused to sign our children’s’ future away in the liberal dream bill a.k.a. the stimulus bill and on top of all that , Obama has promised to bankrupt the oil and coal industries and tax the rest of them into the ground, so Republicans have everything on hold and as soon as the stimulus money runs out, we will all be in trouble–Democrats ,Republicans and Independents************

Pasco business news

BrieflyThe Perich Eye Center/Zephyrhills Eye Institute, 38921 Market Square Drive, Zephyrhills, has opened a new retail optical shop.

Cracking The IRS Code – Time For The TRUTH- Part One

Question: should I provide the irs my bank statements for 2007?

I recently got a letter in the mail to be audited. I don’t have all my receipts on the items that I claimed on my tax return due to moving and a lot of my forms got thrown away. I tried to contact people for invoices but I had no luck. I decided to get my bank statements (because nearly all my payments were done with my check card). Of course the items are there and I am tempted to just give the IRS rep the bank statements for the entire year with the items purchased highlighted but if I do will I be providing the IRS with too much information about myself? If I should not provide my entire year bank statements how else can I document my purchase for a write off?
The items that were purchased were tools. My husband is a mechanic and the items are from a tool company. Two of them are checks but the others purchases are from checkcards. I can provide the checks but the checkcard purchases on the statement have the company name on them.

Answer: I don’t see why giving them your bank statements wouldn’t work. Currently I am working for a specialty practice and often, the clients ONLY have bank statements as verification that they paid anything at all! Suffice it to say ALL of our clients are corporate clients/returns and their bookkeeping is an absolute mess! (We are talking about criminal/tax fraud cases. That probably doesn’t apply to you) As long as you are willing to go through them, highlight them and itemize exactly who you paid and for what, that should be sufficient. Why have you not been able to get invoices? If the IRS really wanted to, they can track down all of your vendors to verify they even exist. And don’t worry about giving them “too much information”. They’re the government….they already have too much information….it’s called “social security numbers”…..

Five Tennessee IRS Help Centers Open Saturday, Feb. 20

NASHVILLE – The Internal Revenue Service offices in Chattanooga, Johnson City, Knoxville, Memphis and Nashville will be among 200 Taxpayer Assistance Centers in more than 190 cities nationwide to open their doors Saturday, Feb. 20, from 9:00 a.m. to 2:00 p.m. The focus will be providing special assistance for taxpayers dealing with difficult economic times.“IRS is trying to help people cope with …

Stimulus Budget Plan Needs Publicly Searchable Docket Database Cures Poor Work Ethic Horror Stories