A broad array of topics to help manage your taxes and daily life.
Taxpayers who are IRS identity thief victims have been long frustrated by their inability to see what thieves have filed under their Social Security Number. In a recent announcement, the IRS is now allowing taxpayers to obtain copies of these fraudulently filed tax returns.
A good way to create years of correspondence with the IRS is to cash a check received that does not match the amount you expect. When errors occur it can take time to straighten out the error.
Your ex filed a tax return, didn't pay the tax, and left you holding the bag. Unfair! There may be relief, but only if you know the innocent spouse rules.
Identity theft is reaching all-time levels. How can you protect your Social Security Number from being stolen?
Too many of us are being contacted by fake IRS agents demanding past due tax payments. Vulnerable taxpayers are at risk of being taken in by these theives. Here is what you need to know.
If you recently changed your name due to marriage or divorce, do not get caught in the nightmare of a rejected or changed tax return by the IRS.
Looking for some ideas to make filing your taxes less cumbersome? Here are some tips.
The IRS has allowed tax payments with credit cards for the past few years. Is it a good payment method for you? Here is how it works.
Wondering why your tax return is not finished? Often the delay can come from one or two items that were overlooked and are now needed to process your tax return....
If an e-filed tax return is rejected by the IRS what should you do? Here are some of the more common causes for rejected tax returns and what you can do about it.
Your tax return has been filed. Where is your refund? The IRS has an online service to check on the status of your tax refund. Here is what you need to know.
Oops. You find an error or omission on last year's tax return. What should you do? Is it always a good idea to file an amended tax return? Here are some things to consider.
There are certain areas of the tax code that the IRS wishes to focus its auditors' attention. These areas are typically identified by the IRS development of an Audit Technique Guideline to train its staff. Here are some key audit areas of interest.
Avoid Common Tax Filing Mistakes Want to ensure your refund gets to you in the shortest amount of time? Want to avoid a letter from the IRS? Here are some of the most common tax filing mistakes.
After filing your tax return, do not close the book on your taxes until you have set up next year's files, purged unneeded old records, and prepared your records in case of an audit. Here are some tips.
Retaining copies of your federal tax return is important. Not only will you need the return in case of audit, but the tax return is often used to secure student aid, obtain loans, purchase a home or business, plus much more. What can you do if you cannot find a copy of your tax return?
A U.S. Supreme Court ruling involving the state of South Dakota vs Wayfair (an online furniture retailer) opens the door for states to impose sales taxes on online retailers located outside their borders. This will have wide-reaching effects on small businesses and consumers. Here's what you need to know.
Con artists impersonate IRS agents to either intimidate people into making payments over the phone, or to send misleading emails to trick taxpayers. Here are some ideas to ensure this does not happen to you.
If you own your own business or have a side business in addition to your regular job, you may need to send out several IRS forms by Jan. 31 this year.
Scammers were very successful last year with a scheme to pry W-2 pay stub data away from employers. The IRS warned that it may be one of several techniques used again this year.
How can something so simple be made so complex? Here is what you know so that you file your tax return on time.
Questions about your financial situation? Contact us!