Be aware of audit flags when filing! Increasingly, the Internal Revenue Service has been chasing the big tax cheats and top earners to uncover missing tax revenue…
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Tax Season Opens Today! (** FOR SOME **)
It’s time to start thinking taxes!! Today (Wednesday, January 30th, 2013) marks the beginning of tax season, when most Americans can e-file their returns with the IRS. ..
Home Office Deduction…Simplified by the IRS?
Wait…the IRS actually made something EASIER!?!? On Tuesday, the IRS released Revenue Procedure 2013-13, which gives taxpayers an optional safe-harbor method to calculate the amount of the..
Start of Tax Season…DELAYED?
The IRS plans to open the 2013 filing season on January 30th!! The IRS says it will be able to begin accepting tax returns on Jan. 30..
American Taxpayer Relief Act – The MOST IMPORTANT changes!
American Taxpayer Relief Act – The MOST IMPORTANT changes! President Barack Obama has signed into law a bill to avert the fiscal cliff, a day after the..
Fiscal Cliff Averted? How? What did they do?
Fiscal Cliff Averted? How? What did they do? After falling off the cliff for one day, the House and Senate took action to avert the full force..
The Top Ten IRS “Red Flags”
Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? The IRS audits only slightly more than 1% of all..
Dollar Limitations for Pension Plans for 2013
The Internal Revenue Service today announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2013. Some of the key changes..
2013 Standard Mileage Rates
2013 Standard Mileage Rates The IRS has released the 2013 standard mileage rates! And you know how we at Widget LOVE the standard mileage rate! BUSINESS MILES..
Delayed Tax Season (Thank you IRS and Congress) and AMT Explanation!!
IRS Warns – Tax Season could be delayed into MARCH due to slow-acting Congress!! As the end of the year approaches, and now that Obama has been..

