Randolph Law Firm, P.C.

April 2012 Archives

Fewer tax audits possible due to IRS budget cuts and staff changes

Las Vegas residents may be able to breathe a slight sigh of relief this year as the possibility of a tax audit may be lower due to staffing issues within the IRS. The IRS is currently dealing with several issues including budget cuts, a hiring freeze, reduced staff and higher incidents of tax refund identity fraud. This is in addition to responding to the needs of a tax-paying public. Although the possibility of being chosen for a tax audit has risen in the past several years, the number performed has remained steady across 2010 and 2011 at 1.1 percent.

Lionel Ritchie, other celebrities, face liens for back taxes

Although many Las Vegas residents won't experience the vast incomes that popular celebrities do, tax debt can be an issue for everyone. A recent news story highlights the fact that celebrities may end up with more tax debt than other Americans often due to varying income levels and high spending.

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Randolph Law Firm, P.C.
6260 N. Durango Drive
Las Vegas, NV 89149

Toll Free: 800-547-8465
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