So You’re Thinking about Starting a Business?
Tax complexities can be confusing. Creating and running a small business in America can be a lot of hard work. It can also be rewarding.
Tax complexities can be confusing. Creating and running a small business in America can be a lot of hard work. It can also be rewarding.
Each year the IRS publishes the top dozen tax scams it encounters over the prior year. One of them that makes an all too common
The savings limits for the ever-popular Health Savings Accounts (HSA) are now set for 2014. The new limits are outlined here with current year amounts
Most everyone enjoys dreaming of winning it big in the lottery. News media outlets publicize the large unclaimed pots of money on the evening
Toss This. Not That With a sigh you are relieved that yet another tax return has been sent off to the government. Another 12 months
Are you prepared? Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of
The tax filing deadline is upon us. The sense of relief that another 1040 form is filed is like lifting a weight from your shoulders.
Understanding the difference between these two tax rates. The tax code is filled with terms we rarely use in everyday conversation. Two of the more
Avoid taking the easy way out. To take your medical expense deduction in 2012 your allowable expenses must exceed 7.5% of your Adjusted Gross Income
Estate tax surprises at state level Recently passed federal legislation increased the exemption amount before your estate pays taxes on your assets when you die.
IRS issues emergency tax year 2021 extension for FL NC & SC
Every year, the Taxpayer Advocate Service submits a mid-year report to Congress that outlines serious problems facing taxpayers and makes recommendations on how to mitigate those problems. This article outlines the main takeaways from the report and solutions for the next filing season.
Every year, thousands of people across America get a CP2000 letter from the IRS. In this article, we explain what the CP2000 process and how to handle the IRS. We also outline the exact filing steps to combat a CP2000 letter.