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Budget Cuts Leading To Fewer Tax Audits in 2015?
January 16, 2015 12:00 PM
In 2014, Congress slashed the IRS budget by nearly $350 million, putting their budget at 10.9 billion, the lowest it has been since 2008. These cuts will leave the IRS operating at a capacity of 17% less than usual and are anticipated to lead to a good amount of staff cuts. So if you are looking to call the IRS for...
Important Tax Changes for 2015
January 9, 2015 11:48 AM
It's crucial to stay up to date on all the changes to the tax code as the season approaches. The IRS has announced a few small changes to the code for the coming year. Here's a look at what you need to know. Inflation adjustments: This past October, the IRS made three notable changes tax benefits to adjust for...
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