Why should you care about the do’s and don’ts of classifying workers as employees vs. independent contractors? One simple answer, and it has to do with avoiding financial penalties and criminal court: tax fraud. On…
Remember that satisfying spinner in The Game of Life? Tick, tick, tick, and then it stops, and you count the steps to your next move. Novice players often marvel at how early discretion can provide…
We all dream of having that winning ticket, but as with all earnings, the IRS will want their share. Easy come, easy go! Here’s a closer look at what to expect from the IRS should…
IRS Passport, Can The IRS Revoke Your Passport? Unpaid taxes burden millions of Americans, causing mountains of stress. Have you experienced any of the following? Your debit card is rejected at checkout (“insufficient funds”) because…
The US tax code includes several green initiatives to incentivize homeowners to go green. These green initiatives take the form of tax credits. Tax ‘credits’ have a more direct effect on your tax bill than…
2020 has been a tough year. Why not treat yourself to some savings? Read on to get actionable ideas for reducing your taxes. Then, act quickly, and ring out the old with a lower tax…
The IRS has some tax tips on their website about IRS representation and what it specifically means for taxpayers. Taxpayers have the right to have an authorized IRS representative represent their interests in front of…
Income is taxed by the federal government as well as the majority of states. Governments use income taxes to provide goods and services that benefit the American people. The three largest categories of expenditures from…
Remember paying taxes for the very first time? You probably had a whole lot of questions, and maybe you didn’t do things quite right. We asked a panel of professionals to talk about what experience…
During the era of Covid-19, when many of our homes have started to serve as dual-purpose offices, gyms, shopping centers, and cinemas, many of us are looking around with an eye to tidy things up…