What’s An IRS Account Transcript?

4 years ago

What’s an IRS Account Transcript? The IRS keeps a database of information regarding each Tax Identification Number (TIN). The information…

Unemployment Compensation Is Taxable; Have Tax Withheld Now And Avoid A Tax-Time Surprise

4 years ago

With millions of Americans now receiving taxable unemployment compensation, many of them for the first time, the Internal Revenue Service…

Self-Employed Individuals Tax Obligations

4 years ago

Who is Self-Employed? Generally, you are self-employed if any of the following apply to you. You carry on a trade…

Earning Side Income: Is it A Hobby Or A Business?

4 years ago

Whether it’s something they’ve been doing for years or something they just started to make extra money, taxpayers must report…

Why Do I Owe A Penalty And What Can I Do About It?

4 years ago

I sent a payment to the IRS. Why did I get a bill? If you mailed payment to the IRS…

IRS Audit Rates Significantly Increase As Income Rises

4 years ago

Few things can generate as much taxpayer concern, confusion and controversy as an IRS audit. Tax audits are a critical…

National Taxpayer Advocate Interactive Map: What Happens When You Are Audited

4 years ago

The Taxpayer Advocate Service (TAS) reintroduces its website with a new design and layout featuring a new digitally interactive Taxpayer Roadmap.…

IRS2GO Mobile App Frequently Asked Questions

4 years ago

In today’s world of electronic streamlining and technological advances, there is an app for everything. And thanks to a forward…

What’s new and what to consider when filing taxes in 2021

4 years ago

The Internal Revenue Service today encouraged taxpayers to take necessary actions in the final weeks of the year to help…

What is Innocent Spouse Relief?

4 years ago

When filing a tax return, most married couples choose to use the status of Married Filing Jointly. There are typically few…

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