Tag Archives: IRS

Freed from the Burden

Understatement of the year — the tax code is complicated. Have you ever looked at the instructions to most tax forms? The IRS prints an estimate of the amount of time required to complete the form – or as they … Continue reading

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Feeling Grateful

My Google mailbox flashes snippets of news, the word of the day and thought-provoking quotes. Today’s quote from William Arthur Ward was “Feeling gratitude and not expressing it is like wrapping a present and not giving it.” I hate to … Continue reading

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Living together doesn’t always get you benefits

The IRS has won one against folks who are dating and living together. A couple in Massachusetts were dating. She moved into his house that he had purchased by himself. They agreed to share in the expenses of the household, … Continue reading

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Who’s in the group?

As a tax professional who has worked a lot with nonprofits, you’d think that I would understand group exemptions better – but, frankly, they have always been a bit mysterious to me. There are evidently over 4,300 group exemptions that … Continue reading

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Tax exemption revoked for 275,000 organizations

The IRS has released the list of over 275,000 nonprofit organizations that have lost their tax-exempt status as a result of failing to file a tax return for the last three years. Many of these organizations are no longer in … Continue reading

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Time is running out

The IRS recently released a notice that $1.1 billion (yes, with a B) in refunds may be waiting for people. They estimate that 1.1 million people did not file a federal income tax return for 2007 and may be owed … Continue reading

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Fresh start with the IRS

In my last blog, I encouraged folks who were behind in filing taxes to take it one step at a time and get it done. As if they were reading my mind, the IRS has just announced that they have … Continue reading

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One step at a time

I recently attended a cooking demonstration where the menu was remarkable – 72-hr braised short ribs with pickled papaya sauce served over creamed parsnips. The chef was completely in control despite the fact he had several things cooking at once. … Continue reading

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