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Archive for January, 2008

IRS Audit Rate Increases for Taxpayers earning Greater than $1M

Thursday, January 17th, 2008

The IRS said today that in the 2007 budget year it audited one out of every 11 with incomes greater than $1 million, which represents an audit rate of 9.25%
If your income is $100,000 or less, only 1% or so were audited.
Still, the IRS said its auditing rates were generally up for people of all […]

Topics: tax audit | 3,121 Views | Email This Post | Print This Post | Add comment

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Identity Theft-Don’t Let this Happen to You

Saturday, January 5th, 2008

I recently was hired by a client who has IRS problems going back to 2000.  My client is a victim of identity theft.
How it works is this…Another person, maybe multiple people, have my clients name and social security number. 
They are likely in this country illegally and don’t have and can’t legally get their own […]

Topics: Bank Levy, Wage Levy/Wage Garnishment | 1,315 Views | Email This Post | Print This Post | Add comment

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