On behalf of Mockensturm Limited | Oct 28, 2016 | Uncategorized
The IRS has seen its share of problems in the last few years. It has had its budget cut, which has compromised its ability to audit and pursue delinquent tax filings. It has been tied up in the “targeting” scandal, accused of going after 501(c)(3)...
On behalf of Mockensturm Limited | Oct 21, 2016 | Uncategorized
Taxes collected by Ohio and the federal government are used to promote many goals beyond merely raising revenue. Of course, state and federal taxes are used to generate the governmental income that pays for things as varied as the state courts, highways, law...
On behalf of Mockensturm Limited | Oct 14, 2016 | Uncategorized
The IRS collects a substantial amount of money every year from tax filings. In 2015, the IRS collected $3.3 trillion. Unsurprisingly, many individuals have figured out that if they can capture a small fraction of that sum, they can become fabulously wealthy. There are...
On behalf of Mockensturm Limited | Oct 7, 2016 | Uncategorized
When you hear of investigations and audits into the very wealthy, you may wonder if they receive special treatment from the Internal Revenue Service. If you are an ordinary taxpayer or business owner in Ohio, and you undergo a tax audit, you may feel as if the IRS...
On behalf of Mockensturm Limited | Oct 4, 2016 | Income Taxes, IRS
As we move into fall, many individuals who sought an extension are continuing to work on tax issues. Similarly, business owners often look to begin to reconcile the books at this time of year and adjust strategies to push to make year-end goals. Many decisions made...
