What are the Hope credit and the Lifetime Learning credit?

6 years ago

The Hope credit (renamed the American Opportunity credit) and the Lifetime Learning credit are tax credits for taxpayers who pay…

The Taxpayer Roadmap

6 years ago

The Taxpayer Roadmap - An Illustration of the Modern United States Tax System The map below illustrates, at a very…

Why You Shouldn’t Consider Your Tax Refund as ‘Free Money’

6 years ago

A tax refund is the amount refunded if the tax paid exceeds the tax liability. In other words, if you…

IRS Decided to Retire the Postcard Size Tax Form Idea

6 years ago

As lawmakers pushed their tax overall package in 2017, Republican leaders would sometimes display a tax form printed on a…

What To Do When You Owe The IRS

6 years ago

If you owe the IRS a substantial amount, be sure not to ignore it. Review options such as installment agreements,…

What To Do If The IRS Offsets Your Tax Refund

6 years ago

What happens when the IRS Offsets Your Tax Refund? If you get a notice or status of an offset, your…

Understanding The Types Of IRS Audits

6 years ago

The first reaction by most taxpayers when they find out they are being audited by the IRS is crippling fear. …

Taxpayers with expiring ITINs should renew them now

6 years ago

Taxpayers with expiring individual taxpayer-identification numbers should renew their numbers ASAP. There are nearly 2 million ITINs set to expire at the…

Did You Update Your Address With the IRS?

6 years ago

The IRS relies heavily on the U.S. Postal Service to deliver notices to taxpayers. Many of these notices are received…

Steps to Take If Your Identity Is Stolen

6 years ago

A recent study confirmed that over 16 million people were the victims of identity theft in the span of one year in…

Related Posts

This website uses cookies.