*Notice: Since this article was written many changes have been made. The most important change is that the Federal Tax Filing Deadline has been moved to July 15th. There is simply no […] Read More
People don’t file their federal tax returns for a multitude of reasons. Some people are just plain lazy, and they think they can get by without filing. That’s just plain ignorance. Other […] Read More
It is no secret that the IRS has problems with budget cuts and understaffing. However, instead of getting better, they seem to be getting worse. And who is suffering as a result? […] Read More
Tax time is coming and there’s not a darn thing you can do to stop it or slow down its arrival. It’s just a fact of life. You can face facts or […] Read More
The Internal Revenue Service issued its annual inflation adjustments for dozens of tax items and tax schedules. When you get around to filing your 2019 taxes next year, you’ll have a small […] Read More
Unscrupulous tax preparers are full of promises that lure people in. Not only are there tax preparers who will cause you to lose money, there are those who will also steal your […] Read More
Most people in their right mind are familiar with the concept of “ignorance of the law excuses no one.” But of course, there are always people who are going to test that […] Read More
It seemed too good to be true. And, like all things that appear that way, it was. Virtual currency. Cryptocurrency. It was like a dream come true for investors. Tax free income […] Read More
The IRS sends out lien notices to taxpayers who do not pay their federal taxes. You know who you are. However, if you have not yet received a lien notice from the […] Read More
Chronically late tax filers know all about the penalties the IRS charges. People who file late typically owe the IRS. It’s rarely the other way around. However, this year The Internal Revenue […] Read More