All posts by Vani Murthy »
IDENTITY THEFT AND TAX FRAUD – HOW BAD IS IT?
Treasury Inspector General for Tax Administration (TIGTA) released its Semiannual Report to Congress for the reporting period from April 1, 2012 through September 30, 2012. TIGTA noted that among the important challenges currently confronting
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IRS Penalty Relief-First Time Penalty Abate Program
Beginning 2001 IRS started granting First Time Abate (FTA) waiver to taxpayers who have compliant history for prior three years. The purpose for granting the waiver is to reward past tax compliance and promote
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