A tax transcript summarizes the information on your taxes that supplies past data on your taxes. Tax transcripts exist in five types, and they contain various line items from your...
Posted by KLSM CPA Firm PLLC on 06/11/2021
If you can't file your federal income tax return by the due date, you can usually get more time by requesting an extension. To avoid penalties, you will need to complete Federal...
Posted by Abundant Wealth Planning LLC on 06/06/2021
Would you allow tax laws to influence your decision to marry your partner? Many of us may not consider this, but some spouses consider the tax implications.Over the years, much has...
Posted by Flynn Financial Group Inc on 06/05/2021
File all overdue tax returns, whether or not you can pay in full. File your past return to the same location, and the same way would normally file your return.If you have received...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 05/30/2021
Getting a notice from Uncle Sam that you have outstanding debt can be devastating, especially if you believe there is some mistake. Sadly, owing Uncle Sam and ignoring him will...
Posted by Pat Raskob on 05/30/2021
According to Uncle Sam, charitable contributions are donations or gifts to qualified organizations. However, some rules guide these donations before one can claim charitable donations. Charitable...
Posted by KLSM CPA Firm PLLC on 05/30/2021
Over the years, Uncle Sam has provided some reliable options with which taxpayers can deal with late payment through instalment agreements. One, however, needs to address the issue...
Posted by Aurelia E Weems CPA on 05/24/2021
Some people are lucky in their relationship with Uncle Sam as all they do is file their taxes and expect a refund or send in their balance for every tax year. Sadly, it is not so straightforward...
Posted by Jim McClaflin, EA, NTPI Fellow on 05/24/2021
All American citizens, even if you work on Mars, must pay tax to the US government. With this, one would expect that US citizens living and working in Puerto Rico will also have to...
Posted by Raven Skylar Tax & Consulting, LLC on 05/24/2021
