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Tax Deductions You May Have Missed This Year

Making sure you take advantage of easy tax write-offs is an easy way to reduce your burden. The good news is, you don’t have to be an expert to save! Check out these tax deductions that you may have missed out on.   Teacher’s Expense Savings The IRS allows qualified K-12 educators who work at least […]

What Happens if you Don’t File your Taxes?

According to Benjamin Franklin, “there are two things in life that are unavoidable- death and taxes.”    It is easy to push back filing your taxes and when that deadline comes around we hope to be prepared. Avoiding your annual tax obligation can come with many consequences that go beyond a tap on the hand. If you […]

Top Tax Tips for Freelancers

Whether you’re a freelancing travel writer, a graphic designer, or a management consultant, you can agree that being self-employed has countless benefits, except for when its tax season. Having to gather documents from numerous clients can quickly become overwhelming which is why we’ve compiled a telltale list to save you from finding yourself in a predicament. Bookkeeping […]

IRS Impersonation Scams: Top Methods to Beware of

Scammers are still making their rounds despite warnings from the Internal Revenue Service (IRS) and U.S. Treasury Inspector General for Tax Administration (TIGTA). This year’s scams are expected to be worse than ever, as these scammers change up their game and throw off consumers with their tell-tale signs.   These fraudulent callers who have been […]

Let’s Talk About: ITINS

What is an ITIN and What is it used for? ITIN stands for Individual Taxpayer Identification Number. This nine-digit code is used in the United States as a tax processing number. The Internal Revenue Service (IRS) issues ITINS for tax filing purposes. ITIN numbers are issued to individuals who are not eligible to obtain a valid […]

IRS Problems? Reasons Why to Take a Step Before you Leap

Although it may be instinctual to jump into the IRS collection problems and gain quick relief, it is important to take a step back and realize what you are trying to accomplish.   Rather than entering a risky situation and paying more fees and interest without resolution, here are a few things to consider before […]

The Raid on Google’s French Headquarters

Early Tuesday morning, French investigators unexpectedly raided Google’s Paris headquarters as part of an alleged tax investigation. The tax dispute is over 1.6 billion euros ($1.8 billion) owed by Google in back taxes.   The French newspaper Le Parisien, who first reported the news, said the raid took place early morning, May 24th, and involved […]

How to Reinstate Your Installment Agreement with the IRS

You have finally negotiated an installment agreement with the IRS for your tax liability and things are going smooth. But alas, there is a hiccup in the road and you have broken your obligation under the Installment Agreement by missing the date to file your taxes on time. The result is a new tax debt […]

Are My Bank Accounts & Wages Subject to Levy by the IRS?

Having your wages and money in your bank account is part of the American dream we have grown to love. From childhood we are taught to place our extras in to the bank account, let it grow, and reap the benefits of security and the freedom to dip into our savings.   In an instant, […]

How to Reduce your Chance of an IRS Audit

Audit is one of the scariest words in the English language for any taxpayer to come across and one of the main driving forces behind why people pay their taxes honestly and on-time. Our tax system is based on compliance and heavy responsibility, to self-report all income to the IRS and pay careful attention that our […]

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