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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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One of Every Eight Millionaires Audited
There’s an old saying that says the more money you make, the more problems you have. And for those Americans making at least $1 million a year, those problems weren’t fun. It translates to more millionaires audited. Millionaires Audited More Ofte...
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Common Tax Filing Mistakes to Avoid
With April 15 coming up in a matter of weeks filing your tax returns will soon be off your to-do list – if you haven’t already filed. But being busy with work, kids or running a business can cause us to make mistakes on tax returns. Common tax fi...
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Peyton Manning to Pay Less Income Tax in Colorado
In one of 2012’s biggest sports deals, star NFL quarterback Peyton Manning signed a $96 million, five-year deal with the Denver Broncos. Released by the Indianapolis Colts to free up some capital, Manning was courted and sought by multiple teams. P...
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Boxer Manny Pacquiao Subject of Tax Inquiry at Home
He may be able to knock out prize fighters in the ring, but that doesn’t mean eight time world champion boxer Manny Pacquiao is free from the tax man. Manny Pacquiao Can’t Knock Out the Tax Man Tax authorities in Pacquiao’s home country the...
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Legislature Across Country Tweak Tax Codes
Politicians across the country are trying to change their state’s tax laws and the impact on their constituents’ pocketbooks. But why tweak tax codes now? Why tweak tax codes? While federal income tax rates are out of bounds, state taxes like inc...
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Kid-friendly Tax Deductions
Raising kids can cost a fortune. In fact, the cost of raising children grew 40 percent over the past decade. But as the economy continues to drift upwards, there are some hidden deals you can take advantage of. So we thought we’d do a roundup o...
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Jermaine Dupri Pays Massive Tax Penalties
When it comes to rap stars and money, it’s all about the Benjamins. But rapper and music producer Jermaine Dupri lost a lot of Benjamins when he didn’t pay his taxes on time. A lot being $240,000 worth. That’s a lot of $100 bills. All About the...
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Greek Debt Deal Shaves Risk for U.S. Taxpayers
After two years of scaring investors on both sides of the Atlantic, the Greek debt crisis is close to being resolved. Introducing, the Greek debt deal. The country was set to default after living beyond its means since before it adopted the Euro as i...
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Tax Advantages for People with Disabilities
People with disabilities can have a limited income or run into challenges attempting to work. To help, Uncle Sam has certain tax benefits in place. Here’s a look at some tax advantages for people with disabilities. Disabled Americans Able to Get Ta...
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Tax Relief Review: Vincent G. from California
StopIRSDebt.com released Vincent's monthly wage garnishment and negotiated a partial pay installment agreement of $100 per month on a $40,000 tax liability. The taxpayer saved about $30,000...
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