IRS Announces 2017 Pension Plan Limitations
The IRS has released cost-of-living adjustments for the dollar limitations for pension plan contributions and other retirement-related items for tax year 2017. The contribution limit for 401(k)s remains unchanged, at $18,000 for 2017.  However, income ranges for eligibility to make deductible contributions to traditional IRAs and to Roth IRAs, and to claim the saver’s credit, […]
Check Cashing Store Owner Sees Dead People and Cashes Their Tax Refund Checks
Owner, Junior Jean Baptiste, of a North Miami check cashing store named Surveillance Masters, was convicted of numerous crimes including theft of government funds, or plainly stated he cashed in other peoples’ tax refund checks. Evidence presented at court showed that from 2009 to 2011, Baptiste knowingly cashed over $11 million in fraudulent tax return […]
How To Request Your Own IRS Transcripts
When negotiating a deal with the IRS it is extremely important to have all of the facts. Â The IRS knows everything about you and your past filings, so shouldn’t you too? Â In all matters that we handle with the IRS, we ALWAYS request the taxpayers, or business’ IRS transcripts. Â While we have a special privilege […]