Through loopholes and deductions, there are ways to pay less in taxes legally, but at what point do you cross into “tax evasion” territory? Since this can often seem like a fuzzy line for taxpayers,…
“Nothing is certain except death and taxes.” One of America’s favorite founding fathers, Benjamin Franklin, is credited with making the proverb famous. Historians suggest, however, that Franklin might have been quoting an earlier source since…
What is the difference between a credit and a deduction? What is taxable income and earned income? Should I take the standard deduction? When you’re sitting down to do your taxes, it might feel like…
With all of the money that celebrities make, shouldn’t they be able to pay their taxes without issues? And yet, we hear countless tales of celebrity tax woes. We asked a panel of professionals to…
You have filed the paperwork, sent back the dreaded 1040, and the good news is that you are getting a return! That is good news, right? Well, that depends on how you look at it….
If you’re expecting a tax refund, you may be licking your chops as you consider all of the ways that you could spend it. But before you commit, you should consider some words of advice…
If you’ve had a child in the last year, congratulations are in order! That new bundle of joy brings with it indescribable happiness, but perhaps also uncertainty where your taxes are concerned. If you find…
With tax day approaching, scammers are rampant. Many people fall for their ploys, only to pay the penalty later when the IRS catches up with them. We asked a panel of professionals for advice on…
Here at the Tax Defenders, we believe that sometimes slower is better, especially in the case of tax resolution. Here, we take the time to FULLY understand you and your tax issue so that we…
“Only the little people pay taxes.” – Leona Helmsley Regardless of your wealth or influence, you are required to pay taxes to good ol’ Uncle Sam, and the penalty for trying to get out of…