Here are some links to posts I’ve done in the last few weeks on tax issues:  (Note- these posts are from Reuters’ FindLaw, where I work fulltime as a legal journalist). 

IRS Tax Exempt Nonprofit Recordkeeping: Here, I look at the documents you need to keep handy, if you want to run a 501(c)(3) nonprofit, or any other nonprofit, for that matter.  This list is a list of best practices for nonprofits as well as some rules and regulations. It is very important to keep up to date with your documentation, if you plan on running on a tax exempt nonprofit organization.   Read more... (284 words, estimated 1:08 mins reading time)

So, you work from the spare bedroom in your house and you’ve been deducting everything, from the phone bill to the heating bill, in your income tax calculation? 

The home office tax deduction is not that simple.  You can’t deduct everything. 

Although there are many financial writers who claim that the home office tax deduction is a perfectly good way to save on your income tax calculation, I beg to differ.

I have heard very important tax professionals tell me, in person, that the home office tax deduction was essentially sealing the taxpayers fate– to an audit.  Read more... (389 words, 1 image, estimated 1:33 mins reading time)

Owe money to the IRS?  Did you make a mistake in your income tax calculation and now, the IRS wants to collect? Is the IRS threatening a tax lien or levy?

Here is a list of the things you need to know in order to deal with IRS Collections:  Read more... (388 words, 1 image, estimated 1:33 mins reading time)