By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, February 2, 2015. If a US taxpayer has outstanding tax liability, the Internal Revenue Service may sometimes be particularly aggressive with its efforts to collect. Furthermore, the IRS does not always properly interpret or follow...
IRS Allows Deductions Without Receipts?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Sunday, February 1, 2015. A recent Forbes article leads with the a hopeful title suggesting receipts are optional, asking us to hope that it is possible to take deductions and withstand IRS audit or scrutiny without receipts....
Are San Diego Residents Being Targeted by Fake IRS Agent Phone Scams?
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Thursday, January 29, 2015. The IRS has released a recent warning regarding a surge in aggressive phone calls from "fake" IRS agents. Callers are threatened with imprisonment, deportation, and license suspension (among other things) if they...
When should tax information arrive at your home?
On behalf of Janathan L. Allen, APC posted in IRS on Tuesday, January 27, 2015. Tax forms and information are probably piling up at your home right now, which isn't necessarily a bad thing. It's that time of year, and people need to get ready for what will be a...
IRS Warns Your Signature on Your Return Is Under Penalty of Perjury
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Monday, January 26, 2015. The IRS has already announced this year that it will be less responsive to questions from US taxpayers, and that refunds (especially on manual returns) will be delayed. Blaming recent budget cuts,...
IRS Will Audit 1 Million Americans in 2014
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in Tax on Friday, January 23, 2015. IRS Commissioner John Koskinen recently noted that the IRS would conduct 1 Million audits in 2014, slightly down from 2013 but still a substantial number. The IRS will not tolerate cheaters, and...
Consumer Reports Warns Home Based Businesses of IRS Audit Risks
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Tuesday, January 20, 2015. In a recent article by "Consumer Reports" there were a few recommendations for home based businesses to reduce IRS audit risk that I absolutely agreed with based upon recent IRS behaviors with...
It May Take 3 Years for IRS to Fully Integrate Foreign Account Information
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FATCA on Wednesday, January 14, 2015. It may be 2 to 3 years before we witness the full impact of the IRS response to all of the foreign account information and asset documentation they received as a result...
IRS Steps Up Pressure on Revenue Agents to Increase Collections
By Janathan L. Allen, APC of Janathan L. Allen, APC posted in IRS on Friday, January 16, 2015. The IRS is continually seeking new ways to increase tax revenues, and to enforce the collection of taxes for those who have already received a "determination". If you owe the IRS back...