Midyear Tax Planning
July 6th, 2010
Mid-year planning this year may be one of the most critical overviews we have done in recent memory. As always, the key is to be able to project your anticipated income levels not only for 2010, but also for the next two to three years.
read moreIRS Audit Activity
July 6th, 2010
A three-year random audit program started by the IRS in 2007 will now be continued indefinitely. These random audits of individual tax returns are used by the IRS to collect noncompliance data for adjusting general audit formulas and updating tax gap estimates. Tax returns claiming the homebuyer tax credit are another audit target. The IRS [...]
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