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...

Looking to give a little leeway to struggling taxpayers, the IRS recently announced that it was loosening the terms for those trying to strike a deal with their back tax debt. IRS Announces More Flexible Offer in Compromise Terms IRS Offers in Compro...

The American Dream is about many things, one of which is being able to start your own business and make it big. Part of that is paying your business taxes and staying in good graces with the IRS. Running afoul with Uncle Sam’s tax authorities can h...

If you run your own business and write-off expenses on your tax returns, then keeping good records is a must. Taxes are a big reason why we keep our business records organized. They help us prepare our returns, separate taxable and non-taxable income...

Every April people include the weirdest expenses as tax deductions. They hope to convince IRS agents and tax court officials that they were legitimate expenses that should help lower their tax burden. Sometimes tax courts deny them, but other times t...

Martin Scorsese, the famous Hollywood director who made a career directing movies about mob crimes such as Goodfellas, Casino and The Departed, is in big trouble with the Government. He owes almost $3 million. But this isn’t the first time the ...

If you’ve gone to the gas station lately, you probably noticed something. Your wallet is probably a bit emptier due to sky high gas prices as events in the Middle East hit close to home. A gallon of gas now averages $3.38 in the US and $3.71 in Cal...

A Tax attorney is a lawyer who helps the taxpayer resolve his/her IRS (Internal Revenue Service) or state revenue department tax issue. They are legal experts in the field of taxation. They can do a terrific job helping one remove bank levies, wage g...

They’re called man’s best friend, and sometimes they’re feisty felines, but if you’re a pet owner you know what it means to have a furry friend in your home. Dogs and cats are the best. Tax Deductions for Pet Ownership Save You Money in April...

Hoping to inject a dose of energy into our sluggish economy, Congress just passed a massive stimulus measure in hopes of getting it back on track. Now, you can save energy and have the government help with the tab. Stimulus Full of Energy Efficiency ...