Tag Archives: IRS

The IRS On-line Transcripts Service is No Longer Available

Posted on April 9, 2016 by littleadvisor

I wrote a while ago about the new IRS service allowing to download your tax return transcripts online. Unfortunately, this service is no longer available. The IRS took the online service down due to the compromised security, after a large … Continue reading →

Posted in Taxes - General, Uncategorized | Tagged | 1 Comment

Do you have foreign accounts? Then the Highway Bill affects you.

Posted on July 31, 2015 by littleadvisor

That’s right. You’re not a truck driver, nor a construction worker. You merely drive on highways, and even that not every day. But if you have any foreign accounts, this bill that has just been passed in the Congress – … Continue reading →

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Do you know what the IRS Form 3115 is? No? Good. Now you don’t have to.

Posted on February 17, 2015 by littleadvisor

Guess what, the IRS made a boo-boo again. What about, this time? Trying to force almost anyone with a business or rental income to file form 3115 with their 2014 tax returns. What’s that, you say? Never heard of that … Continue reading →

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The IRS now allows verifying credentials of your tax preparer!

Posted on February 8, 2015 by littleadvisor

I’ve written before about selecting your tax preparer. I’ve received several requests from people to write about how to verify the preparer is actually good. While quantifying the quality is a difficult task, verifying that the preparer is properly licensed … Continue reading →

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No more “free loans” from your multiple IRAs

Posted on November 13, 2014 by littleadvisor

Starting with 2015, the IRS will start enforcing the new interpretation of the law which forbids the practice of taking “free loans” from multiple IRA accounts. What does it mean? For a long time there’s been a practice of taking … Continue reading →

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Great new service from the IRS – get your account transcripts online!

Posted on January 18, 2014 by littleadvisor

  Update: This service is no longer available.

Posted in Taxes - General | Tagged , , | 6 Comments

IRS published information pertaining the ACA provisions (ObamaCare)!

Posted on August 20, 2013 by littleadvisor

There’s a lot of (mis)information floating around about the tax effects of the Affordable Care Act (AKA ObamaCare). Finally, there’s some reliable information on the IRS site that can help us understand the tax-related provisions of the law. You fan … Continue reading →

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Tracking your tax return, tax refund and amended return

Posted on March 23, 2013 by littleadvisor

Tracking your tax return, tax refund and amended return Continue reading →

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How much something you cannot sell can cost?

Posted on July 29, 2012 by littleadvisor

IRS claims an item that cannot be legally sold or transferred is worth millions. How could that affect you? Continue reading →

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Today is the Tax Day!

Posted on April 15, 2011 by littleadvisor

Make a good use of the extra days to check your returns, make sure they’re all signed in the right places and filled correctly, and sent out to the right place. Continue reading →

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