(619) 497-1040 Anthony@awicpa.com

What You Should Know about AMT

IRS Tax Tip 2014-10, February 10, 2014 Have you ever wondered if the Alternative Minimum Tax applies to you? You may have to pay this tax if your income is above a certain amount. The AMT attempts to ensure that some individuals who claim certain tax benefits pay a...

More IRS Tax Audits

Taxpayers, you have been warned. The IRS requested a 5.33% increase in enforcement activities (examinations, collections, and investigations) for the government’s fiscal year 2011. Increases in the federal government’s budget have allowed the IRS to hire...

Understanding the IRS

What words come to your mind when you think of the IRS? Perhaps strict, unsympathetic, uncompromising, or merciless? That is actually just fine with them. The IRS prides themselves on such a self-image, because somehow it gets them what they want. The combination of...