Jumat, 17 Februari 2012

New IRS form affecting Indian Americans

New IRS form affecting Indian Americans
The US Internal Revenue Service (IRS) has added one more form to collect information from its citizens and residents on their foreign financial assets. As if the various filing requirements were not enough, the US Internal Revenue Service (IRS) has …
Read more on Times of India

Know the triggers, avoid an IRS audit
If the IRS begins to suspect that a tax return isn't entirely truthful, the filer might be in for an audit. Two tax experts shared ideas about how to avoid an audit, about red flags that can prompt a second look from the IRS and about what to do if …
Read more on Chicago Tribune

IRS: Beware of 'dirty dozen' tax scams
By Blake Ellis @CNNMoney February 16, 2012: 2:55 PM ET NEW YORK (CNNMoney) — As the tax season kicks off this year, the IRS is keeping an eye out for scam artists who steal identities, lie about charitable donations and hide income in offshore …
Read more on CNNMoney

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