IRS Reminds Parents of Ten Tax Benefits

By |2012-01-24T11:42:41-05:00January 24th, 2012|AFSG|

Source: www.irs.gov Your kids can be helpful at tax time. That doesn't mean they'll sort your tax receipts or refill your coffee, but those charming children may help you qualify for some valuable tax benefits. Here are 10 things the IRS wants parents to consider when filing their taxes this [...]

IRS e-file Launches Today; Most Taxpayers Can File Immediately

By |2012-01-17T17:17:57-05:00January 17th, 2012|AFSG|

IRS.gov WASHINGTON — The Internal Revenue Service opened the 2012 electronic tax return filing season today with a reminder to taxpayers that e-file remains the best way to get fast refunds and ensure accurate tax returns. IRS e-file has surpassed the milestone of 1 billion returns processed. The electronic transmission [...]

Accounting for Trust Accounts

By |2010-08-13T11:53:28-04:00August 13th, 2010|AFSG, Attorneys, Audits|

The Florida Bar and Law Office Management Assistance Service (LOMAS) have released information about some of the reasons attorney’s become subject to license suspension and penalties due to issues with their trust accounts. More and more law firms including small individual practices and large partnerships are going to be subject [...]

Common Forms

By |2010-07-22T15:04:50-04:00July 22nd, 2010|AFSG, Forms|

Form 1040 ES –          2010 Federal Estimated Individual Income Tax Vouchers Form 2553 –                IRS Request to be taxed as an S-Corporation Form 4506-T –            Transcripts of prior year w-2s, 1099s, tax returns, and non-files Form 843 –                  Request to abate penalties and interest from the IRS Form 8821 – [...]