Tag: Accounting

Every American is required by the IRS to file their taxes each year, with the assumption that they will pay their tax obligation immediately after filing. The majority of taxpayers... Read More

The IRS can send many notices to your house that were uncalled for, and they could be confusing and stressful to look at. These notices can go over your head... Read More

The IRS offers a variety of payment plans to help taxpayers pay off their back taxes. These programs differ; you may receive a free installment plan or a pricier one.... Read More

Payroll taxes are the most strictly enforced by the IRS of any sort of tax. They are highly concerned about unpaid payroll taxes and have hefty penalties for late payment.... Read More

Streamlined filing compliance procedures were designed in 2012 to assist expats in catching up on their taxes for past years. It is a method for expats to avoid penalties and... Read More

IRS audits are uncommon, but they can be extremely harmful if not handled properly with appropriate representation and proof. Many taxpayers become terrified when they hear the words “audit,” particularly... Read More

Many parents are unaware that claiming their children as dependents might save them money on taxes. Claiming a dependent can drastically cut your taxable income and enhance your tax return.... Read More

The IRS has addressed all of the citizens’ questions about filing their taxes when most of their income comes from trading. The IRS defined bitcoin as an asset equivalent to... Read More

To submit back taxes, you will first need to gather various documents and tax forms. The first form you will need is Form 1040, which is the main tax form... Read More

Many people have valid reasons for failing to file their taxes by the deadline. Every year, you must file your taxes by Tax Day, which is April 15th (Tax Day... Read More