by GruffyGoat Team | Jun 9, 2015 | Uncategorized
The IRS wants the public to know they aren’t trying to discriminate or prevent non-profits from getting tax-exempt status. The backlog of applications is due to limited resources. And in an effort to fast-track the applications and tame the negative rhetoric,...
by GruffyGoat Team | Jun 4, 2015 | Uncategorized
You can’t get out of paying your taxes, but if you have a good reason why you paid late or made a mistake, you may be able to avoid penalties. “My dog ate my tax return” won’t cut it, but here are a few reasons the IRS respects,...
by GruffyGoat Team | Jun 2, 2015 | Uncategorized
If you win the lottery, it’s kind of a bummer to have to pay taxes on your winnings, right? Well, TaxProf reports that some gamblers have gotten creative to avoid it. Because they treat their activities as a business, gamblers deduct the cost of...
by GruffyGoat Team | Jun 1, 2015 | Uncategorized
This year’s tax season is on the books! We’ve still got a few extensions out there, but the worst is over, and we’re thankful for another great season with our clients. We recently came across a funny article categorizing the 8 worst...
by GruffyGoat Team | May 29, 2015 | Uncategorized
Who wants to fight with the IRS? Although no one knows exactly what algorithm the IRS uses to pick which returns to audit, Forbes points out that there are a few sure things you can do to reduce your chances. And if you are selected, these tips will also...
by GruffyGoat Team | May 21, 2015 | Uncategorized
CFOs do more than prepare financial reports. They help guide businesses through challenges and opportunities, offering an expert financial perspective of every area of the business. And their contributions result in significant growth. CFO magazine recently...
