The taxpayer, a dietary supplement manufacturer, failed to deposit employment taxes, pay the taxes reported on its payroll tax returns, and timely file payroll tax returns. The IRS assessed penalties... Read More >
IRS Disallows Wages Paid to Children The taxpayer, a mother of three young children, maintained a law practice as a sole proprietor. During summer school breaks, the taxpayer brought her... Read More >
Special tax rules may apply to some children who receive investment income. The rules may affect the amount of tax and how to report the income. Here are five important... Read More >
If you are a physician with an household employee help, the IRS has released Publication rev. , Household Employer s Tax Guide, for use in , discussing how to determine... Read More >
Beginning on , the standard mileage rates for cars, vans, pickups, and panel trucks will be cents per mile for business miles, cents per mile for medical or moving purposes,... Read More >
The taxpayer, an on-call physician, worked -hour shifts three days a month from Friday Sunday at a hospital miles from his home. He drove to the hospital in a motor... Read More >
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