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Keep Track of Your Transaction History with Audit Log

Have you ever a wished to see a chronological list of all your QuickBooks activity? With the QuickBooks audit log report, you can keep track of added, deleted, and modified transactions, as well as user entries. The audit log feature allows you (and any other viewer with access rights) to see history of changes made to individual transactions…

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Report: IRS Lien Notices Reach Wrong Addresses

The IRS sent tax lien notices to the wrong addresses for taxpayers even though the agency had the correct addresses in its system, according to a July report by the U.S. Treasury Inspector General for Tax Administration (TIGTA). Though the agency re-sent the notices, the incorrect mailings were potentially illegal because the IRS is required by statute to notify taxpayers at their last known…

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GAO Finds Holes in IRS Taxpayer Protection Program

Criticism of the IRS’s cybersecurity loopholes and breaches is endless, so a recent report by the US Government Accountability Office (GAO) finding the agency’s Taxpayer Protection Program (TPP) problematic isn’t exactly a big surprise. The TPP is intended to identify possibly bogus tax return filers and prevent fraud. But the bad guys are still able to get through and claim…

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New Research On Inequality: ‘Whatever You Thought, It’s Worse’

The income inequality and its slow but steady progress since the years following the Great Recession are often mentioned alongside the Tax Code issues. Social mobility, the amount that a typical American moves up or down the economic ladder from where their parents and grandparents previously were, has gained traction and became by now a major focus of socio…

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Why Trump’s 1995 Taxes Release Was Illegal

Some of you might remember the constant issues with Trump’s taxes, coming up here and there in the election campaign’s cycle… But for those of you who were glad to read some pages of his tax returns way back from 1995, lawyers and accountants have one word for you – confidentiality! Trump’s Accountant/Lawyer Committed ‘”Horrific”‘ Violation Of Legal And Professional Ethics In Discussing His Tax Returns With Media..