Information on tax problems and tax debt help
24
Jun
The Internal Revenue Service announced this week that they would raise the optional standard mileage rates for the final six months of 2011. For all business miles driven from July 1, 2011 to December 31, 2001 the rate will be 55.5 cents per mile. This reflects an increase of 4.5 cents from the 51 cent [...]
10
Jun
Recent severe storms, flooding and wildfires around the country should be a reminder to us all to prepare our financial records and emergency plans in case a disaster strikes. The impact and recovery from a natural disaster can certainly be lessened if you prepare correctly. The Internal Revenue Service has put together a list of [...]
9
Jun
The Internal Revenue Service announced yesterday that roughly 275,000 organizations automatically lost their tax-exempt status for failing to file legally required annual reports for three consecutive years. Though the IRS believes a majority of those organizations are obsolete, existing organizations will need to follow special instructions to apply for reinstatement of their tax-exempt status. In [...]
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