Retired from the Internal Revenue Service as an Internal Revenue Agent with SB/SE division. I am a retired CPA. I retired from the US Govt after 35 years including over 4 years in the US Army. I am a disable Vet.
You can thank TurboTax and H&R Block for that. Years ago the US Government wanted to go to that type of system where the Government would send the W2 & 1099 inf...
I used charitable contributions as an example. Taxpayers would use other Schedule A deductions to lower their tax due or increase the refund. It doesn't take ro...
As a former IRS Revenue Agent, I thing this change is the best thing to happen. I don't know how many times during an audit of a taxpayer who used TurboTax who ...
There are several ways you could support or substantiate the repairs or renovations without a receipt. You could use the canceled check showing the date, payee,...