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Category: News - Page 23

New Criminal Tax Enforcement Groups Offer Help to the IRS

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Posted in on May 31, 2018

The chief of the IRS Criminal Investigation Division (IRS-CI) spoke recently to a group of tax professionals at an event hosted by the American Bar Association.  Chief Don Fort told the tax attorneys who he was speaking to that the IRS now has two new enforcement units that are operational and that are working behind the scenes to analyze data to identify patterns and find taxpayers who are evading their U.S. tax obligations.

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Understanding Tax Brackets

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Posted in on April 30, 2018

When you are in the 25 percent tax bracket, this does not mean that you have to pay taxes on 25 percent of your total income that you earned.

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The Budget Deal Restored Certain Expired Tax Cuts

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Posted in on March 30, 2018

As a taxpayer, it's important that you take full advantage of any tax cuts that you are eligible for. A Virginia tax attorney can help you to take advantage of tax breaks so you can save as much as possible on your taxes.

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Amending Your Tax Return: When Should You Do It?

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Posted in on February 28, 2018

Filing taxes can be complicated, but you're still expected to provide correct information to the IRS despite the fact that doing so is often a challenge. If you discover a mistake in your tax return from this year, or from prior years, you may need to submit an amended return to correct the errors on the forms you submitted to the Internal Revenue Service.

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Tax Reform: Certain Deductions May Disappear

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Posted in on December 29, 2017

Federal lawmakers are hoping to pass a tax reform bill by the end of the 2017 year. The current proposals to overhaul the tax code involve changing tax rates as well as eliminating many of the current tax deductions.

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