Posts Tagged ‘tax preparer penalty’

Tax Help Advice For 2010’s Tax Season: Beware of Tax Preparer Penalty to Avoid IRS Problems

Thursday, January 14th, 2010

Recently I was featured in CPA Magazine along with an elite selection of other top CPAs and tax experts to offer tax help and advice to taxpayers like you to prepare for the upcoming 2010 tax return filings. In light of the fast-approaching 2010 tax season, I want to draw your attention to a few things that you need to know about new IRS regulations for tax preparers.
If you didn’t
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Nicholas Cage Wins Appeal with the IRS - Special Treatment or Fair Settlement?

Thursday, September 11th, 2008

Nicolas Cage just won a deal with the Internal Revenue Service to pay $666,000 plus interest for improperly deducting $3.3 million in personal expenses from 2002 to 2004. Earlier this year, Cage contested a personal IRS bill for $814,000 in taxes, interest and penalties, while his Saturn Productions of Los Angeles company was stuck with a bill for $988,000.
While Cage’s settlement includes $99,000 for an accuracy related penalty, no penalties
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