We are entering into forex trading season on the forex market. Many experienced traders shall state that summer time is the worst time for forex trading and the time we shall lose all our income from forex trading. If we watch the movements in forex currency, we shall notice that the period has a very slow market for the past 2 months and it is difficult to make pips in these summer days from forex market.
Fair Isaac Corporation developed a model to calculate the credit rating of every individual. This rating is very important for various purposes. Be it housing loans and mortgages, personal loans, education loans or even credit card consolidation, credit rating of an individual is important in every place. A standard and reliable way of calculating credit goes a long way in ensuring that every individual is judged under the same scanner and interest rates and principal amounts are proportionately given out by lenders to these individuals. Continue reading “Calculation of FICO Score”
There is a lot of IRS reference codes – we can help you with often used. Continue reading “IRS reference codes guide”
FICO or Fair Issac Corporation created this credit score model which is used by lenders to calculate the credibility of an individual before giving out loans and fixing the interest rate. This is based on various parameters. Continue reading “What is FICO score?”
The Internal Revenue Service has set up Collection Standards to help determine the taxpayer’s ability to pay back taxes in a timely, reasonable and efficient manner. The IRS has set up major category items that each taxpayer will use nationwide. These Standards will change from time to time and will be updated yearly by the IRS. You may directly contact us for these updates. Continue reading “The IRS National Standards Program”
8002 is a reject code used by the Internal Revenue Service in cases concerning the refund of tax paid by an individual. The rejection could be due to failed authentication and may require subsequent account analysis. Continue reading “What IRS reference code 8002 mean?”
The IRS or the Social Security Administration usually issue a number called the Taxpayer’s Identification Number which is used for administration of tax laws. Continue reading “What IRS reference code 9001 mean?”
IRS code 1301 basically means that filing of returns was done by the individual at least three weeks before but the processing has been delayed. The processing could be delayed due to various reasons. One of the best examples would be the recovery rebate credit. Continue reading “What is IRS code 1301?”
IRS or Internal revenue Service has a list of codes, each signifying different things. The codes help in providing information in a standard way to all individuals without any ambiguity of wording and confusion in any case, along with maintaining a central reference list of all reference codes. Continue reading “What does a IRS reference code 1221 means?”
Did you know that:
- The IRS audits a total of 1,391,581 tax returns a year.
- The IRS field agents complete more than 310,000 audits by office or business visits a year.
- The IRS completes over 1,081,152 correspondence audits a year. Continue reading “How and why the IRS Selects Tax Returns for Audits”