Tony Novak CPA

Tag: IRS

  • IRS on social media

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    tonynova
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      A relatively small portion of tax accountants  make heavy use of social media in their efforts to communicate with a wide public audience. The IRS, on the other hand, is seriously involved in almost every major social media platform: IRS2Go.  Use this free mobile app to check your refund status, pay your tax, watch IRS…

  • Self-filing software leads to increase in audit representations

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    As the popularity of online self-prepared income tax filing grows – now approaching 50% of all tax filers – so does the incidence of tax evasion. Some of it is intentional effort to avoid paying taxes, other times just misunderstanding of complex tax laws. Tax practitioners like me are gradually seeing a shift of our work from income…

  • 10 Tips for handling an Offer in Compromise to the IRS

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    When a taxpayer has no reasonable hope of paying the full amount of past taxes due or when it makes sense to borrow money from another source to pay taxes, sometimes it makes sense to settle the matter with an Offer in Compromise in order to get rid of the old debt and make a…