If you find yourself in the unenviable position of being audited by the IRS, it’s important to know just what’s at stake if the government determines – either correctly or incorrectly – that you have…
Imagine walking out the door of your IRS examination appointment (court summons) with a lilt to your step, thinking to yourself, Nailed it. Here’s how to make that happen. What is an IRS examination appointment?…
Whether you are moving thousands of dollars of merchandise every week or selling some vintage fishing flies that have been sitting in the garage for a few decades, you’ve come to a good spot to…
With 330 million Americans, will the IRS notice itty-bitty me if I don’t pay my taxes? What’s the worst that could happen? Perhaps this question is one that you’ve considered. After all, the gigantic tax…
Finding out you just inherited your great-grandmother’s lake house on Mackinac Island is great news until your brother tells you to brace yourself for the IRS to take its cut. Will you have to pay…
Read on to celebrate some of the quirks and history of American Tax Day, which, we probably don’t need to remind you, is approaching on April 15. These 10 fun facts will lighten your mood…
With tax deadlines looming on the horizon, you may be wondering if there is any way out of the yearly headache of preparing and filing your income taxes. Does everyone have to file every year?…
Let’s start with a riddle (of sorts): Question: What do payroll and police have in common? Answer: You might be expecting some association with fraud, since that’s the topic of this article, but we are…
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…