WHAT TO DO IF YOU RECEIVE A NOTICE FROM THE IRS

Its well past any filing dates for IRS tax returns and you go to your mailbox only to find that you have a letter from the IRS. Never a good feeling, but not necessarily the end of the world either! … Continue reading

MMG WEEKLY – WHAT ARE THEY SAYING THIS WEEK?

MMG WEEKLY – WHAT ARE THEY SAYING THIS WEEK?

Forecast for the Week Housing news will be the bookends of a short week. Markets are closed Monday in observance of Presidents Day. In housing news, Existing Home Sales will be released on Wednesday followed by New Home Sales on … Continue reading

MAKE FILING LESS TAXING

MAKE FILING LESS TAXING

Last year alone, over 129 million taxpayers saved time and money by filing their returns electronically. Here are a few tax facts you should know about e-filing: IRS e-file is more accurate than doing taxes by hand and mailing paper … Continue reading

IRS REVEALS “DIRTY DOZEN” TAX SCAMS

IRS REVEALS “DIRTY DOZEN” TAX SCAMS

The IRS recently released the top 12 scams—the “dirty dozen” if you will—perpetrated on unknowing victims. Here are highlights from the IRS report: Aggressive phone calls by criminals impersonating IRS agents are threatening anything from police arrest, to deportation, to … Continue reading

NEW IRS MILEAGE RATES

NEW IRS MILEAGE RATES

The IRS posted new standard mileage rates for 2015 that can be used to calculate deductible costs for driving an automobile for business, charitable, medical and moving purposes. The new mileage rate for business-related driving is up, but mileage for … Continue reading

A WARNING ABOUT TELEPHONE RIP-OFFS TO GET TAXPAYER INFORMATION

A WARNING ABOUT TELEPHONE RIP-OFFS TO GET TAXPAYER INFORMATION

The IRS always sends taxpayers a written notification of any tax due via the U.S. mail. The IRS never asks for credit card, debit card or other payment information over the phone. For more information about this go to IRS’s … Continue reading