Larson Financial Tax Resolution Blog

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23

Feb

IRS and Capital Gains Taxes

Posted by J.Larson  Published in Delinquent Taxes

It’s time to figure out your tax return for 2008. Did you sell any assets? Do you recall what you paid for that asset? Here is what the IRS has to say about capital gains taxes: 1. Almost everything you own and use for personal purposes, pleasure or investment is a capital asset. 2. When [...]

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16

Feb

IRS Using Private Collection Agencies up for Review

Posted by J.Larson  Published in Delinquent Taxes

The IRS said a third party will review the effectiveness of the private debt collection program.

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13

Feb

IRS deductions to know

Posted by J.Larson  Published in Delinquent Taxes

Tax time is here, and the rules change every year. Some of these are old, some new, all important.

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11

Feb

What’s Taxable Income?

Posted by J.Larson  Published in General Tax Information, Taxes for Businesses, Taxes for Individuals

Knowing what is taxable income is important if you don’t wish to over or under pay your taxes.

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10

Feb

Getting Audited: most frequent reasons

Posted by J.Larson  Published in Federal Taxes: The Internal Revenue Service

The IRS looks for certain things when deciding who or way to audit your taxes.

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The information provided on this Site is for general guidance and to offer the user general information on particular subjects of interest. It is not intended to constitute legal, accounting, tax or other professional advice or services. To the extent that this Site concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law.