http://netvouz.com/lillymark/tag/proprietor?feed=rss lillymark's bookmarks tagged "proprietor" on Netvouz http://www.mytaxfiler.com/blog/5-slam-dunk-irs-audit-red-flags/ The IRS assigns a numeric value to each tax return known as a DIF score. Returns with a DIF score higher than a pre-specified number are flagged and sent to IRS regional examiners for further review and analysis. lillymark Fri, 17 Aug 2012 09:19:51 GMT http://www.mytaxfiler.com/blog/59-tips-for-the-self-employed/ Getting Started 1. Don’t operate as a sole proprietorship 2. Hire a professional bookkeeper 3. Outsource your payroll 4. Buy an accounting software package 5. Attend local new business owner courses 6. Don’t hire your relatives 7. Think twice 8. Don’t start a business just because you have a cool sounding name for it. lillymark Fri, 17 Aug 2012 09:42:50 GMT http://www.mytaxfiler.com/blog/freelance-an-irs-audit-may-be-in-your-future/ On that day, my wife and I received separate eight-page letters from the Internal Revenue Service informing us that we were being audited for the 2009 tax year. It was, to say the least, no cause for breaking out champagne and noisemakers. In fact, it seemed like a cruel twist: 2009 was the year I was laid off by the Chicago Tribune after 16 years of full-time employment. I then entered the freelance ranks, where I’ve remained ever since. lillymark Fri, 17 Aug 2012 09:51:31 GMT http://www.mytaxfiler.com/blog/irs-brass-tells-employees-to-not-investigate-tax-fraud-by-illegal-aliens/ According to a new Treasury Inspector General report, the IRS ignores illegal immigrants legal status and issues millions of taxpayer dollars in refund checks. The July 2012 report also said that IRS employees are encouraged to look the other way when it comes to investigating tax fraud committed by those residing in the country illegally. lillymark Fri, 17 Aug 2012 10:03:19 GMT