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Businesses should not be surprised if they receive a tax audit letter in the mail in the upcoming months. Federal and State agencies are increasing audits in an effort to capture much needed tax revenue.

Myth: The only charge the IRS could charge a person with that could possibly lead to jail time is tax evasion.

If you turned 70 ½ in 2011 you may be required to take a minimum payout from your IRA or company pension plan.

The Health Care and Education Reconciliation Act created two additional Medicare taxes for high income taxpayers starting after December 31, 2012.

Bryson Law Firm, LLC, co-founded by husband and wife team Cary and Angela Bryson, has gone from a small town tax resolution firm to a nationally recognized firm.

For the first time in seveal years Social Security benefits will increase.  Starting in 2012 benefits go up 3.6%. 

When it comes to making installment payments to pay off a tax debt, it used to be that the IRS wouldn't agree to the arrangement if the taxpayer's debt would not get paid off before the statute of limitations ran out.

Cary Bryson has recently been named as one of America's Premier Experts in recognition of his expertise in the legal field and dedication to his community. 

When the IRS prosecutes, tax evasion is not always the only charge (if it's charged at all). In fact, there are cases where the person who has been found guilty of one crime may also be charged with violating other laws.

Let's say you're married and you file a "married filing jointly" return, since you want to take advantage of the unique tax benefits (lower taxes than other filing statuses, higher standard deductions, and other tax benefits that don't apply to other statuses) offered by this particular filing status.