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FAQ: I Missed the Tax Extension Deadline for 2021

As of midnight tonight, the tax extension deadline for 2021 will have officially passed. If you filed for an extension but have yet to file, that probably means you’ll have missed the deadline. So w...

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Feds Crack Down on Massive Tax Evader
Nobody likes paying taxes, but an organization president who preached noncompliance with federal tax laws is now set to avoid taxes for a while as he sits in a federal penitentiary. Here is the story of this tax evader. Attempted to Pay Tax Burden wi...
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Facebook Defriends Taxes
If you’re on Facebook, one of the privileges you get is to pick and choose your friends list. Every so often, after going on a friending spree, you can filter out that list and defriend people you barely know. The tax attorneys at Facebook are doin...
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Phil Mickelson Swings to Hit Tax Rates
Phil Mickelson is one of San Diego’s most famous sports figures. But his new criticism on his tax burden as a Californian triggered a whiplash of criticism that forced the four-time major championship winner to offer a public relations mea culp...
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IRS Publishes Tax Evasion Rules
After years of studying and crafting new rules on how to tax more hidden overseas assets, the IRS recently announced the publication of tax evasion rules for the Foreign Account Tax Compliance Act. Uncle Sam to Now Enforce Tax Evasion Rules Congress ...
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Tax Code Stretches 4 Million Words
If you’re intimidated by the length and complexity of the U.S. Tax Code, you’re not alone. It has more than 4 million words! Length of Tax Code Criticized for Burdensome Requirements The complicated tax code was recently the target of a c...
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Avoid These Mistakes at Tax Time
Now that the new year has come and gone, one of the next big days sure to hit your calendar is April 15 – the deadline for filing your federal income taxes. So we need to talk about making mistakes at tax time. Common Tax Mistakes Delay Refunds...
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Tax Hikes to Hit Rich Post Fiscal Cliff
If there was any time when Washington D.C. politicians were tested to  on their deal-making abilities, that time is now. The so-called “Fiscal Cliff” is set to kick in on Jan. 1, 2013. Why is it called the fiscal cliff? Because that̵...
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Red Flags for IRS Audits
The IRS can be a big hassle for certain people. After working for a year and paying taxes, you can find an IRS auditor knocking on your door, demanding records and asking questions. In short, the IRS can make life very inconvenient. So you need to kn...
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Saying “I Do” To Marriage Tax Impacts
Marriage is an institution that goes back hundreds of years. And the idea of taxes is just as old. So we’re overdue in talking about marriage tax impacts. People say “I Do” on one of the most important days of their lives: their wedding day...
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Entrepreneurial Tax Deductions
Starting your own business is an important – and exciting – time in any person’s life. So why not take advantage of the incentives in the tax code to help make it happen? Uncle Sam provides multiple entrepreneurial tax deductions an...
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