Archive for the ‘How To Lower Your Taxes’ Category

Getting the Most Out of Your Tax Pro

Friday, October 24th, 2008

In previous blog post you learned about how to choose a tax adviser. Now a few words about using him or her to greatest effect.  Plan on seeing your preparer at least twice a year –once to have your return prepared and once to explore ways to reduce next year’s ...

Dealing with IRS - what to do when being audited

Thursday, October 23rd, 2008

If you are called in for a standard office audit, you will probably have at least two weeks after being notified to get your records and arguments together.  However, if you need more time, you generally can get at least one reasonable extension. If you are unable or unwilling to appear ...

You think you can outsmart IRS? Think again!

Wednesday, October 22nd, 2008

This is a continuation from previous post about Dealing with the IRS. Another fairly new wrinkle:  audits based on your occupation through its Market Segment Specialization Program.  The IRS is in the process of focusing its sights on particular businesses, preparing audits manuals for agents specifically about the likes of every ...


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