Back to INCOME TAX BLOG ListArm Wrestling and E Filing
Negotiating with the IRS has never been easy, but lately it’s gotten even harder, writes Andrea Coombes at MarketWatch.com. As the agency increasingly focuses on collection, tax practitioners say, options that allow taxpayers to write off or substantially pare their tax bill — such as under the IRS “offer in compromise” program or by agreeing [...] Source:
http://blogs.wsj.com/tax Some tax deductions are aimed at individuals; many are directed to businesses. The complicated maze of tax deductions that Congress has instituted over the past 70 years has contributed to the view that the tax code in the United States needs to be completely redone in a simpler fashion. |