The legislative arm of the government, known as Congress, is in charge of formulating the Internal Revenue Code (IRC), also known as the tax code. This tax code guides tax collection,...
Many landlords pay more tax on their properties than they should. This is because they are ignorant of the several tax advantages and benefits of becoming a landlord. More than any...
Amnesty is an expression of forgiveness on the part of the federal government to its citizens. The choice is not to punish a business, an individual, or an entity for a crime. Under...
Amnesty is an act of mercy on the part of the government. It is the decision not to punish a person, business, or entity for a crime. Under a tax amnesty program, a state provides...
Many taxpayers do not like taking the home office deduction because they fear they might raise some eyebrow from the IRS. Sadly, this is true, especially if you take excessively large...
Taxpayers use form 3903 to deduct moving expenses involved in a new job. This deduction, however, is no longer applicable to all taxpayers. A couple of years ago, Uncle Sam came up...
An annuity is an exciting option for seniors and investors as they provide a steady stream of income as long as you live. If you meet an insurance agent, they will probably define...
Posted by Taxes Made EZ Inc on 07/24/2020
What is the severance tax?The severance tax is a state tax imposed on the extraction of non-energy natural resources for consumption in other states. These natural resources include...
Posted by Taxes Made EZ Inc on 02/27/2020
Are you tired of watching a significant chunk of your hard-earned money disappear into the abyss of taxes every year? If you're self-employed, an entrepreneur, or a freelancer,...
Posted by True Tax Service on 09/17/2023