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30

Jun

IRS to Hold Gulf Coast Assistance Day on July 17 for Victims of Oil Spill

Posted by J.Larson  Published in Delinquent Taxes, Federal Taxes: The Internal Revenue Service, General Tax Information, IRS News, Taxes for Businesses, Taxes for Individuals

Individuals and businesses that have been affected by the Gulf of Mexico oil spill are now able to receive guidance on tax issues from the Internal Revenue Service. Information regarding tax implications from BP payouts is now available on the IRS website (www.irs.gov) in a question-and-answer format. The IRS is also doing everything it can [...]

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21

Jun

New 10% Tanning Tax to Go Into Effect July 1st

Posted by J.Larson  Published in Federal Taxes: The Internal Revenue Service, Forms, letters, and filings, General Tax Information, IRS News, Taxes for Businesses, Taxes for Individuals

If you own a tanning salon or charge for tanning services through an entity such as a hair salon, nail salon or spa, you will soon be required to collect a 10 percent federal excise tax for indoor UV tanning. Beginning July 1, 2010 the Internal Revenue Service will require quarterly payments of the new [...]

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8

Jun

Take Action Now If You Have Received an IRS Tax Notice

Posted by J.Larson  Published in Delinquent Taxes, Federal Taxes: The Internal Revenue Service, Forms, letters, and filings, General Tax Information, Penalties and Interest, State Taxes, Tax Liens, Taxes for Businesses, Taxes for Individuals

With a debt-ridden federal budget and an economy that is still faltering, the IRS has a vigorous set of rules in place to enforce collection of tax liabilities from businesses and individuals. The number of Federal Tax liens, bank levies and wage & bank garnishments are growing immensely. If you have recently received a notice [...]

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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.