CPA Likes New Apps from the IRS for tax clients
New iPhone and Android App from the IRS In an effort to modernize the IRS and to better reach taxpayers, the IRS has launched an iPhone and Android app called IRS2Go. The download is free. You can download the App from either the Apple App Store or the Android Marketplace depending on your device. Taxpayers …
Continue Reading »IRS Scrutinizes Gifts between Family Members – Ask DVF
IRS Scrutinizes Gifts of Real Estate between Family Members The IRS allows gifts to any one person of $13,000 per year without requiring the filing of a gift tax return. Anytime a gift is made in excess of that amount a gift-tax return must be filed even if the gift is not taxable due to …
Continue Reading »Be sure you are donating to a legitimate charity.
The United States is one of the most generous countries with hundreds of millions of dollars donated each year to charities offering a wide variety of services. With the amount of funds being donated to charities throughout the year it is important to verify that the charity is legitimate and not a scheme. The IRS …
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