August 22, 2016
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,...
July 11, 2016
This is the IRS general tax calendar, which includes the 2016 due dates that most taxpayers will need to know.
June 6, 2016
The Internal Revenue Service (IRS) and the Treasury Inspector General for Tax Administration (TIGTA) say that a number of individuals have received unsolicited phone calls from people claiming to be the IRS and demanding immediate payment of...
April 7, 2016
Mark your calendar! Due to an overlap of tax deadlines and Federal/State holidays, the IRS has announced some new due dates for the upcoming 2016 tax season.
January 27, 2016
A question that has been coming up more and more often is whether breast implants or augmentations can be tax write offs. For most people the answer is no. That is, unless it is an extreme business deduction.
Chesty Love (yes, that was her...
January 12, 2016
Filing taxes online is easier today than ever before.
Believe it or not, approximately 100...
November 24, 2015
In addition to Federal taxes, you may also be required to file and pay State taxes. Each state in the U.S. has its own local government and taxation department.
November 10, 2015
To give you a head start on the 2016 tax year, Bloomberg BNA has released their tax rate/bracket predictions.
The Federal income tax currently consists of 7 rate brackets: 10%, 15%, 25%, 28...
November 5, 2015
When tax time comes around, inevitably there are people who are not able to pay everything they owe.
Although the IRS always prefers that you find a way to pay your taxes in full, circumstances can sometimes prevent that from happening. If...