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Articles by Thomas Ajava |
531. IRS Getting Creative When It Comes To Finding Tax Cheats
September 12, 2009
The Internal Revenue Service is often described as a slow moving, uncreative government agency. While it still is a bit lethargic, the agency has become much more creative than it used to be when it comes to finding people who owe taxes and haven’t paid.
How do you find someone? Well, the IR...
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532. Don't Understate Income on Tax Returns
September 12, 2009
Filing taxes is a confusing and complex process to begin with for most of us. Making errors will happen from time to time, but the one thing you do not want to do is understate the income you make. Underreporting earnings is one way to get the IRS hopping mad.
The Citizens of the United Sta...
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533. Time Running Out on First Time Homebuyer Tax Credit
September 11, 2009
The federal government has sought out numerous ways to revive the economy. The morbid housing market has, of course, been a point of focus. The answer? The federal government created the first time homebuyer tax credit that provides $8,000 in down payment assistance. If you are considering taking ad...
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534. Fake IRS Email Scam - Underreported Income
September 11, 2009
If there is one agency everyone responds to, it is the IRS. Scammers know this and have developed a host of campaigns using the name of the agency to sucker taxpayers into releasing information. A new email scam uses the threat of underreported income to get consumers to download a malicious file. ...
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535. Employee or Independent Contractor? - The Three Prong IRS Test
September 11, 2009
The age of hiring employees to handle all the needs of a business are long gone. We now live in the age of consulting and outsourcing. In many situations, it can be difficult to determine where the employee relationship ends and the independent contractor one begins. The IRS uses a three prong test....
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536. IRS Gets Funky with YouTube Channel
September 11, 2009
The IRS has launched its very own YouTube channel. Is it an effort to get funky and hip? Those are two words that have never, ever been associated with the agency and they won’t be now either, but it is a continuation of the effort to become more informative.
The IRS was a dinosaur in the 19...
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537. How The IRS Uses Social Networking Sites to Find Tax Dodgers
September 11, 2009
Social networking sites like Facebook, MySpace and Twitter are obviously huge hits on the web. In fact, they are such big hits that the IRS now uses them to track down tax dodgers that owe thousands in back taxes.
I’ll admit it. I get on Facebook and spend many useless hours connecting with ...
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538. First-Time Home Buyer Tax Credit Audits
September 10, 2009
The federal government has initiated a host of programs trying to rev up the government. From Cash for Clunkers to the First-Time Home Buyer tax credit, these programs have in fact revved up the auto and real estate markets. Alas, the IRS is starting to take a keen interest in those claiming the fir...
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539. IRS To Cut 401(k) Contributions in 2010
September 10, 2009
Millions of Americans actively save for retirement through their 401(k) plans. In a move that will shock nearly all of them, the amount of money they can contribute to such plans will be going down next year when the IRS sets the new limits.
The IRS gets a lot of heat for it’s conduct and de...
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540. The Flaw 5 Percent of All Wine Bottles Suffer From
September 10, 2009
Wine has been a part of civilization for thousands of years. This would seem to suggest that it is a rather hardy liquid. Nothing could be further from the truth. Entire regions have nearly been lost from viral infections, but in this article we take a closer look at the problem 5 percent of all win...
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