Tag Archives: IRS

IRS Wants to Use Private Debt Collectors

Posted on March 14, 2016 by Camron Hoorfar

In an effort to collect more tax revenue, the IRS is wanting to send outstanding tax debts to private debt collection companies.  The debt collection companies would be then be able to report the unpaid tax debt on your credit … Continue reading →

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Tips to Avoid an IRS Scam

Posted on February 22, 2016 by Camron Hoorfar

Every year the IRS warns taxpayers regarding current tax scams.  In order to avoid being a victim of a tax scam, here are a few tips to remember: Avoid e-mails from the IRS. The IRS does not send e-mails to … Continue reading →

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IRS Penalty for Un-filed Retirement Plan Returns

Posted on January 11, 2016 by Camron Hoorfar

Businesses that fail to file the required annual retirement plan return can face penalties up to $15,000 per return.  However, there is a special IRS program that allows some businesses to decrease the penalty to a maximum $1,500. If you … Continue reading →

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What to do When You Get a Letter from the IRS

Posted on December 1, 2015 by Camron Hoorfar

Here are some tips to consider if you get a letter from the Internal Revenue Service: Don’t panic. Our law office is here to assist you. Read the letter. The letter often explains what the issue is. Respond to the … Continue reading →

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Beware of New IRS Scams

Posted on August 20, 2015 by Camron Hoorfar

These days, scam artists are posing as IRS agents trying to scare people into paying the scam artists money. In order to stop this scam from happening to you, check out a few of these tips: Scam artists use scare … Continue reading →

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Hiding Money from the IRS Offshore

Posted on May 6, 2015 by Camron Hoorfar

The IRS views hiding money or assets in unreported offshore accounts as a tax scam.  However, the IRS offers an Offshore Voluntary Disclosure Program to allow taxpayers to report their offshore money or assets in an attempt to avoid criminal … Continue reading →

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2014 Tax Tip #8 – IRS Fees

Posted on December 24, 2014 by Camron Hoorfar

The filing fees for installment agreements have increased to $120.00 and the filing fees for offers-in-compromise have increased to $186.00.  If you need assistance getting an installment agreement or offer-in-compromise, contact our office at 816-524-4949.

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2014 Tax Tip #4 – Bitcoins

Posted on December 18, 2014 by Camron Hoorfar

The IRS has stated that virtual currency is treated as property for tax purposes and will be subject to general tax principles for property transactions.  For more tax help, contact our office at 816-524-4949.

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Tax Tips When Traveling for Charity

Posted on September 24, 2014 by Camron Hoorfar

You cannot deduct the value of your services that you give to charity, but you may be able to deduct some of your out-of-pocket costs. The deductible expenses must be unreimbursed and incurred only on behalf of the charity. In … Continue reading →

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Make a Tax Mistake?

Posted on September 15, 2014 by Camron Hoorfar

If you have made a mistake on your tax return, don’t worry. You can fix it by filing an amended return, and here are some tips to help you file this return: 1. The form you need to use in … Continue reading →

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