Blog
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How the Estate Tax is Calculated
Will My Beneficiaries Have to Pay the Estate Tax? The estate tax, more ominously known as the death tax, is a federal tax that is due when a deceased person’s estate exceeds a certain monetary threshold. The federal estate tax is brutal, since an estate that is subject to the estate tax will owe roughly […]
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How to Behave at Your Audit – Playing It Cool
There are some definite dos and don’ts in dealing with an auditor. This section explores how to handle an IRS auditor.
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State and Local Taxes
businesses are concerned with federal taxes, but very few realize many states also have state and local taxes that may affect their business.
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What is Considered Taxable Income?
For the most part, Uncle Sam doesn’t care whether your income is from self-employment, wages, investments, or organized crime. If it’s income, it…
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Should I add my Son or Daughter to my Home’s Title?
One common question we often get is whether to add a child to a client’s title for their property.
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Assets that are Exempt for Florida Nursing Home Medicaid
To be eligible for Florida Medicaid, an applicant can only have $2,000 (2019) in assets in their name.
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How IRS Appeals Work
The appeals mission is to resolve tax controversies, without litigation, on a basis which is fair and impartial.
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How an Auditor Prepares for an Office or Field Audit, Part 1
The IRS knows well the truth of the words of a Supreme Court Justice that “a person can be defined by the checks he writes.”
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How an Auditor Prepares for an Office or Field Audit, Part 2
If the revenue agent is not satisfied with what you have provided the IRS may issue something called a summons.
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FOIA Request – Getting the Auditor’s File
You are entitled to a copy of almost everything in your IRS auditor’s file under the Freedom of Information Act, or FOIA.
