September 19, 2014
Starting a new business is an exciting adventure, but also a major undertaking. Although, as a new business owner, you may be an expert in your field or industry, you may be new to paying taxes...
September 16, 2014
Members of the U.S. Armed Forces, particularly those deployed in combat zones, are faced with unique tax situations and are eligible for special tax benefits.
For Federal tax purposes, the U.S. Armed Forces includes the following:...
September 8, 2014
Gambling — whether it’s at the racetracks, the casino, or the lottery — is a source of entertainment for millions of people. It is also a source of income, whether you win the Powerball...
September 5, 2014
Are you trying to determine whether or not all of your income is taxable? While the IRS considers most types of income to be fully taxable, there are certain instances where your income may not be subject to tax.
August 10, 2014
As many are still recovering from the Great Recession, the idea of having income (or even excess income) subject to tax is the last thing people want to think about.
Generally, tax law defines income as “undeniable accessions to wealth”...
May 5, 2014
If you happen to miss the filing deadline (April 15th), you should still try to file your income tax return as soon as possible — especially if you owe additional taxes.
April 29, 2014
Do you owe back taxes to the IRS? Are you having trouble coming up with the money to pay your Federal taxes? You are not alone.
If you cannot pay your tax debt within a reasonable timeframe, you can request to make monthly payments...
April 21, 2014
Tax debts that go unpaid may lead the IRS to take possession of a taxpayer's property in a procedure called an IRS levy.
The IRS is empowered by the federal government to take extreme measures to hold taxpayers responsible for paying their...
April 11, 2014
Have you always filed electronically? Never done it before? Here are a few things to consider.The Pros of E-File