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October 2016 Archives

The IRS has a special force, too

If you are considered a threat to national security, there are people in the government who have been trained to deal with you. They go by different names. Delta Force. Navy Seals. In the fictional realm, you have Men in Black. The thing that these forces all have in common is that they are made up of specialists. In MIB, they're humorously referred to as, "the best of the best of the best."

New IRS rules could mean more partnership audits in future

Forewarned is forearmed goes the old proverb. Advance knowledge of potential holes in the road makes it easier to avoid hitting them. That's true for driving, especially here in Minnesota and Wisconsin as the seasons shift from winter to spring. The wisdom also applies to tax issues. Knowing the possible pitfalls associated the IRS tax code makes it easier to avoid disputes over incorrectly filed returns or the resulting audits.

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