The tax situation is an overwhelming condition for self-employed individuals. Many could be unsure of the rules, options, financial obligations, and how to handle the situation. In...
Posted by Pat Raskob on 04/21/2023
There are times when the IRS just doesn't listen. If you've fought for your position and know you're right, but the IRS disagrees, you might have a chance to take your...
Posted by Dennis Jao on 01/26/2023
The IRS requires that all income be reported on a tax return, and failure to comply can result in fines and sometimes penalties. However, most penalties and fines can be waived if...
Posted by Tiffany Gaskin on 12/08/2022
The most common method used to pay off old IRS debt is the Monthly Payment Agreement or Installment Agreement. If you owe the IRS $50,000 or less, you can only get a 72-month installment...
Posted by Pat Raskob on 07/12/2022
Identity theft is not limited to criminals opening credit cards and collecting debts in your name - your return is also at risk. While the IRS works hard to combat fraudulent returns,...
Posted by Rosovich & Associates, Inc. on 07/09/2022
Divorce proceedings can be much of a tasking venture, which is made complex due to financial matters. To ensure a less rocky experience, parties seeking divorce are often advised to...
Posted by Dennis Jao on 05/31/2022
Joint filing has its benefits, and that is why most couples opt for it. But, just as there are benefits to filing jointly, it also comes with its downsides. This often takes the form...
Posted by Rosovich & Associates, Inc. on 12/18/2021
Financial abuse of the elderly population has increased, with financial institutions claiming to have quadrupled the number of such incidents between 2013 and 2017, according to the...
Posted by KLSM CPA Firm PLLC on 07/06/2021
A deliberate and conscientious attempt to defeat or evade federal or state taxes may result in tax evasion or tax fraud charges.It is often said that nothing in this world is certain...
Posted by Taxes Made EZ Inc on 06/18/2021
