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New IRS Amnesty Program for Small Businesses

IRS Tax Amnesty to Reclassify Freelancers as Employees The IRS has announced a new voluntary disclosure program which they will offer amnesty against penalties, interest, and audit, and only require...

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Taxpayers to Benefit from High Inflation

The IRS announced recently that relief may be ahead for taxpayers due to a sharp increase in the inflation index.  The changes are due in 2012 and will be realized on the return you would ordinarily...

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Surprise Holiday Present from the IRS

IRS Seeks to Pay Taxpayers. Show Me the Money! In an effort to try and return missed refunds to taxpayers, the IRS makes an annual announcement to come get your money. Currently, nearly 100,000...

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Emancipation Day & Weekend Extends the 2012 Tax Filing Season

Similar to calendar year 2011, April 15th, 2012 falls on a weekend – Sunday to be specific. The following Monday is Emancipation Day in the District of Columbia. Since D.C. holidays have the same...

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