September 2, 2015
The Alternative Minimum Tax (AMT) is basically an income tax system that runs parallel to the regular income tax. For taxpayers with higher incomes, be...
August 31, 2015
If you receive tips as part of your job, it’s important to realize that all tips are considered income and are subject to Federal income tax.
August 24, 2015
There are a variety of reasons why you may need to get in touch with the IRS. You may want to contact the IRS if you need to help with responding to an IRS notice, resolving a tax dispute,...
August 17, 2015
If you owe taxes to the IRS, it is important to know the correct address to send your money. Sending your tax payments to the wrong IRS address could result in delayed processing...
August 13, 2015
There are currently 18 states that offer shoppers “back-to-school” sales tax holidays. During these holidays, you can purchase many school-related products (such as clothing, footwear, backpacks, and books) without paying state sales tax. However...
July 2, 2015
A tax lien is a claim against property that the government uses to protect its interests in tax debt. The IRS will place a lien against your property only after it has sent you a bill and you have not paid it. Being hit with a tax lien is a...