October 16, 2017
An Employer Identification Number (EIN) is a 9-digit number issued by the IRS for the purposes of identifying a particular business’ tax account. The EIN format is XX-XXXXXXX.
EINs are used by employers, sole proprietors, corporations,...
October 9, 2017
If you owe more taxes than you can afford to pay right now, the IRS offers payment arrangement options. However, it is important to understand that regardless of your reason for paying taxes late, the IRS will charge interest and penalties for...
October 2, 2017
If you realized you made a mistake on your submitted tax return, never fear. The IRS will let you amend your tax return to correct any errors. Common mistakes may include forgotten deductions or credits, incorrect filing status, or missed income...
September 25, 2017
Let's face it, dealing with the death of a loved one is never enjoyable; but with a little understanding of what you're going to need in advance, you can soften the hardships involved with settling your Estate of Deceased. The first thing you're...
August 31, 2017
If you are a homeowner, your home could be a great asset when it comes to doing your tax return. To encourage homeownership and energy conservation, the government provides several tax breaks geared toward homeowners. Using these...
August 21, 2017
Everyone must pay taxes on the income they receive during the year, whether it is from a job, self-employment, or other sources. The IRS expects to receive tax payments as your income is earned...