The Taxpayer Bill of Rights Can Help You

Did you know that there is a Taxpayer Bill of Rights that is designed to protect you from being taken advantage of by the Internal Revenue Service? After receiving a detailed proposal from National Taxpayer Advocate Nina Olson, the IRS adopted an official Taxpayer Bill of Rights. It was a long time in coming. Moreover, do you realize that the Taxpayer Bill of Rights applies to all taxpayers in their dealings with the IRS? Grouping the existing tenets of the tax code into ten fundamental rights, the Taxpayer Bill of Rights does a good job in making an overly complex, [...]

IRS News: Nationwide Tax Professionals Forum and IRS Video Channels on Youtube

It's like Prom for tax nerds! The IRS has entered the 21st century.  With their embrace of popular new media tools to help both taxpayers and tax professionals navigate the ever changing sea of tax regulations, collections and compliance, the IRS continues to impress.  That's right, we said the IRS. Below you will find links highlighted in a recent tax circular that not only announce the video press release regarding the nationwide Tax Forum but also provide useful links to three alternate languages. Here is the blurb from the IRS Nationwide Tax Forums project: "If you are an enrolled agent, [...]

4 Common Mistakes That Small Business Owners Make

The Tax Resolution Institute works with countless business owners helping to resolve their tax problems.  These issues can range from something as simple as failing to file a tax return to being help personally responsible for failing to make the company’s IRS payroll tax deposits.  Most business owners with tax problems understand that these issues come  more than one at a time.  Keep reading to finding out what mistakes many business owners make that lead to tax problems… […]