IRS Warns of Phone Scam that Targets Immigrants

The Internal Revenue Service issued a warning for consumers to guard against sophisticated and aggressive phone scams targeting taxpayers.? Reported incidents of this type of crime continue to rise nationwide. The phone scam frequently targets recent immigrants and...

POTENTIAL 2013 TAX CHANGES

by Richard S. Schwartz CPA. CVA Will the re-elected President and the new Congress let all these tax rules expires? We’ll have to wait and see.? Here is a recap list of all the changes that will be made to the Tax Code if Congress and the President aren’t...

WHAT’S NEW WITH THE FICA REFUND?

In a shocking development, the IRS recently announced that they will be honoring the FICA tax refunds submitted by residency programs and individual doctors.? The catch is that only FICA taxes paid prior to 4/1/05 qualify. For more information, go to our...

IRS: Job Search Expenses Can Be Tax Deductible

Many healthcare professionals work based on the Academic Calendar. That means that a lot of Doctors switch jobs over the summer. According to our friends at the IRS in their IRS Summertime Tax Tip 2012-06: Summertime is the season that often leads to major life...

IRS lists The Dirty Dozen Tax Scams for 2012

The Internal Revenue Service issued its annual ?Dirty Dozen? ranking of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud. The Dirty Dozen listing,...