Blog Posts in March, 2017

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  • Audits are decreasing, but audits on the wealthy could be on the rise
    Audits are decreasing, but audits on the wealthy could be on the rise

    The IRS' resources have diminished over the past five years. Due to budget cuts, the number of IRS enforcement officers has decreased from a high of nearly 23,000 agents in 2010 to approximately ...

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  • Can You Benefit From The Mortgage Forgiveness Debt Relief Act?
    Can You Benefit From The Mortgage Forgiveness Debt Relief Act?

    Historically, any discharge of a debt or other relief from debt was taxable as income. Consequently, mortgage debt that was forgiven by a lender as part of a principal reduction, short sale or ...

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