The biggest winners at the Masters golf tournament are possibly some lucky Augusta residents who did not even participate in the prestigious event. Many local Augusta homeowners rent their houses to v
Losing money on investments is a foreseeable possibility that dictates not risking funds needed to eventually pay a tax debt when due. Anyone who cannot come up with the cash to cover tax liability be
Any taxpayer obtaining assistance from an Enrolled Agent is certainly expecting to avoid trouble with the IRS. However, another important enticement for utilizing the services of a tax pro with EA cer
Dead men tell no tales according to the old west legend, but Enrolled Agents in modern times know that deceased persons must tell the IRS about taxable income they received prior to death. To avoid th
The opportunity to dispose of a real estate parcel for a large gain confers a conundrum upon quite a few sellers. Sometimes the seller doesn’t really want the money. Instead, he simply prefers a dif
Current news about the US economy seems to fluctuate between improvement and ongoing weakness, but a recent report on how people are dealing with their tax burdens offers further insight. Analysis of
A few years ago the IRS attempted to shutter the tax practice of an accountant in the St. Louis area. Although the tax professional was a CPA, the government’s prosecution illustrates that anyone wi
People who lack sufficient tax expertise are not the only persons who wisely hire Enrolled Agents. Rendering EA solutions to tax situations is also vital for individuals who are simply too busy. Taxpa
A couple of years ago the National Association of Enrolled Agents surveyed members about possible name changes for their professional designation. An apparent belief has surfaced that the word “agen
During every tax season, some clients of enrolled agent tax preparers encounter rejection of their returns by the IRS. One cause of this phenomenon is the case of a taxpayer claiming a dependent chi
