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Tax Penalties: Everything You Need to Know

The IRS always gets its money. Always. Whether we like it or not, some portion of our income will skip right past our wallets and head directly to Uncle Sam. When it doesn’t, that’s when we find o...

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Time to Make End of the Year Tax Moves
As fall approaches, the time comes to make use of advantages offered by the tax code. With the new year just around the corner, the current tax year is about to come to an end. Make sure to get the best tax situation this spring by making these tax m...
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Secrets to Lowering Your Tax Bill
Everybody wants to save some money. And one time when everyone either has to pay – or get paid by – the federal government is tax time. A tax bill can be a big inconvenience, but with these tax-saving tips, you can start lowering your tax bill an...
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Is the Offer in Compromise Worth It?
For some taxpayers, an Offer in Compromise (OIC) can be a strategic and smart option for settling back tax debt with the IRS. But it’s not as easy as it sounds. There are a few factors that make it just a bit more complicated than making any si...
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How to Stand Up to an IRS Revenue Officer
Running into tax trouble happens. Sometimes it’s deliberate and willful, but for others, it’s due to an accountant’s negligence or mistakes by business people. When tax trouble does come knocking, it can be in the form of an IRS rev...
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IRS Deadlines You Need to Remember
The IRS runs on numbers, dates, and deadlines. If you miss certain IRS deadlines for your tax situation, you could end up paying in the form of penalties and interest. Remembering important IRS deadlines is the first step toward getting your taxes in...
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Hiding Money Overseas? 5 Reasons to Come Clean
No one likes paying taxes, but some bite the bullet and pay anyway. Others get crafty and store their money overseas, hoping to avoid the long arm of United States tax law. A taxpayer can save a few bucks from going to Uncle Sam’s coffers. But ...
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How To Win an IRS Tax Audit Like a Pro
Going through an IRS audit can be time-consuming and very inconvenient. But with the right preparation and planning, you can win an IRS tax audit. You may even come out on top with the government owing you some extra money. It may not be easy, but it...
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5 Tips To File an Accurate Tax Return
Getting your tax returns right the first time can be a tricky task, but with the right tips and know-how, you won’t have to wait an extra few weeks to get your tax return. Here’s a few tips on filing an accurate tax return that will help ...
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More States Subject to Digital Sales Taxes
Consumers have already ditched the discs and are going digital, but taxes – like water – can find a way into nearly anything. The latest move? Digital Sales taxes. Digital books, movies, and music have revolutionized the music, entertainm...
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Incorrect Worker Classification Leads to Tax Disputes
Running your own business can be pretty satisfying, and choosing the right people to join your team can make all the difference. But how you classify your workers matters. And incorrect worker classification can lead to tax disputes. Worker Classific...
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