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Remote Work Might Earn You a Surprise Tax Bill

As far as employment goes, last year brought more than its fair share of challenges for workers. It didn’t matter the industry or the stage of the career, the Covid pandemic shook the work landscape...

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latest posts

Tax Breaks to Expire by New Year
When the clock strikes midnight on January 1, 2014, another year begins and some tax breaks end. New Year’s Day is typically the end point for temporary tax breaks, and some 2013 tax breaks are no exception. These tax breaks range from deductio...
Self-Employed Can Avoid Obamacare Tax
After a bungled website and a wave of cancelled insurance plans, Obamacare has been one of – if not the – biggest news topics of Fall 2013. The Affordable Care Act created a variety of new taxes: taxes on capital gains, dividends, medical devices...
Disaster Victims Have Tax Relief Options
After tornadoes touched down in Illinois in November 2013, it’s clear that no one is immune from disasters. Hurricanes, earthquakes, tornadoes: they can happen in all corners of the United States. Disaster victims live everywhere. When disaster...
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...
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...
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...
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...
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...
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 ...
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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