Internal Revenue Service Archives

What to do if you’re a victim of IRS data breach


The Internal Revenue Service (IRS) announced Tuesday that a brute force hacking attempt has compromised approximately 104,000 taxpayer accounts through the utilization of the “Get Transcript” tool located on  Hackers utilized information gleaned from black market sources to answer identity verification questions and receive confidential information from the IRS system.  The IRS reports that… Read More →

The Tax Implications From A Short Sale, Foreclosure

Short Sale - AZ Business Magazine January/February 2012

The truth of consequences: There can be tax implications from a short sale and foreclosure The only sure things in life are death and taxes. And like death, taxes can sometimes sneak up and surprise you. Some homeowners who have faced foreclosure or a short sale might be startled to learn that they may face… Read More →

The Most Important Questions To Ask When Pondering Whether To Sell Your Business

Business Questions - AZ Business Magazine 2006

The Big 8 The most important questions to ask when pondering whether to sell your business   Some entrepreneurs spend years developing a solid business—growing, investing and nurturing their enterprise into a successful endeavor. Why then, would less effort be put into plans to sell a business? This may sound strange, but according to financial… Read More →