by Lisa Monk & Associates LLC | Jun 30, 2019 | Tax Tips and News
The Internal Revenue Service is looking to hire hundreds of new employees in virtually every department. But that doesn’t mean the IRS is adding employees. Accounting Today Editor Michael Cohn attended New York University’s recent Tax Controversy Forum, where agency...
by Lisa Monk & Associates LLC | Jun 27, 2019 | Tax Tips and News
In many stories about the IRS’ customer service accomplishments or shortcomings, the agency’s telephone performance statistics are frequently cited. But a new audit by the Treasury Inspector General for Tax Administration (TIGTA) finds that those phone statistics may...
by Lisa Monk & Associates LLC | Jun 25, 2019 | Tax Tips and News
When choosing tax preparation software, tax professionals weigh a number of factors: cost, features, support, word of mouth recommendations, and industry reviews. CPA Practice Advisor recently issued its annual software review for Drake Tax, awarding the Drake...
by Lisa Monk & Associates LLC | Jun 21, 2019 | Tax Tips and News
tax tips | June 21, 2019 | By Susannah McQuitty Kickstarter, GoFundMe, Indie GoGo—whichever website you use, crowdfunding has become incredibly popular. But do you have to pay taxes on the money you make through crowdfunding websites? You might have to pay taxes on...
by Lisa Monk & Associates LLC | Jun 15, 2019 | Tax Tips and News
tax breaks | June 14, 2019 | By Susannah McQuitty If you’re in the medical field, finding tax breaks may not be as difficult as you think. While some of you should use a tax professional because your financial situation is more complicated, others may find that their...
