You promised yourself back in January that you wouldn’t procrastinate on your tax return this year. It would be finished and filed by the middle of March, at the latest. But, sure enough, you found yourself scrambling on April 14th … read more
I got this IRS notice and I don’t understand it. What does it mean? As tax season continues, these are some of the top gripes of taxpayers. If these aren’t frustrating enough, no one wants to sit on hold for … read more
The IRS recently released some statistics regarding the 2014 Filing Season. Included in this release was a projection of the number of amended returns that the IRS expects to be filed during 2014. Believe it or not, they expect more … read more
The IRS is tasked to keep track of various statistics from year to year for a variety of reasons. They can help determine trends, gauge economic activity, and help with the IRS’s own internal business needs and planning. As of … read more
In our practice, we often advise and assist surviving spouses. A recent communication from the IRS illustrates how a surviving spouse cannot file an amended return with her deceased husband. The wife and her husband had timely filed a joint … read more
Mistakes happen, let’s face it. What should one do if a mistake is discovered in a prior tax filing? If an error that caused the understatement of a tax liability is not promptly corrected, it can result in larger interest … read more
Everyday the world is changing around us, and while some experience fame, fortune, happiness, or success, others may experience difficulty, sorrow, despair, and losses. Taxpayers who find themselves a victim of theft or natural disasters should know that there are … read more
There is nothing more complex than the world of taxes. We know this and yet we chose careers where we face these issues everyday. We get questions day in and day out about new tax laws, forms and news items and how they affect everyday people and businesses. Well, here at Henry & Horne we have set out to do what we do best; help everyday people understand what is going on in the world of state, local, federal, estate and international taxation. We will provide these weekly posts and we encourage you to give us feedback on those posts as well as letting us know what else you would like to know more about. Welcome to "Tax Insights." We hope you find this blog informative and worthy of your time.
Before posting a comment on a blog post please be aware that we do not give free tax advice to non-clients by email, comment response, or phone. Thank you!
- Scam Alert! Fake IRS Bills Say You Owe Even More
- Surviving Recruiting: Land the Job and Keep Your Sanity
- Government Forgives Certain Student Loan Debts
- An Easier, Cheaper 60 Day Rollover Waiver
- Hardship Distributions
- Transfer Pricing, IRC 482 and Control
- Taking on the Tax Court – What Happened to Bruno?
- Sales Tax Audits
- Fiduciary Access to Digital Assets and Accounts
- When You Sell Your Home Impacts Your Taxes