The Five Most Common Tax Issues with Gig Economy Workers
With almost 30 million small businesses in the United States, there is little to no doubt that small businesses have great potential for...
Here are a Few End-of-Year Tax Tips for Procrastinators and Planners
The new tax law brings questions into play regarding how some taxpayers can save money. Here are a few options for both planners and...
Can the IRS Get Your Financial Information?
The IRS probably already has your bank information due to its ability to dig. How does the IRS know about your finances? There is one...
A Guide to Being Audited Without Receipts
The IRS questions around 6 million taxpayers annually either via audit or by a verification notice. Most people panic because their...
Can the IRS Visit Your Home or Business?
It doesn't happen much, but they do make house and business calls when there is serious tax violation. If the IRS visits, it’s will be...
Can the IRS Settle My Taxes for Less Than What I Owe?
The IRS can write off all or some of your tax debt through “Offers in Compromise.” Last year, 16 million individuals owed the IRS and...
Can the IRS Take my Passport?
StartFragment Have you been willfully ignoring notices about your outstanding tax bill and overdue balance? The IRS can and will notify...
Can the IRS Seize my Property?
The IRS exercises the levy as the most common form of seizure. This is achieved through wages earned or money in the bank. According to...
Why does it matter if you are an employee or a contractor?
It all boils down to taxes. In this day and age, your status as a worker can actually have severe implications. If you receive a 1099...
Owe the IRS and can’t pay at once?
StartFragmentHere are some options for payment with each having its pros and cons. The most popular method is simple monthly installments...