Earned Income Tax Credit

Offers in Compromise – The Bad, the Worse and a Ray of Hope

We’ve discussed the unrealistic expectations that national tax services raise in their advertisements of Offers in Compromise – “We paid pennies on the dollar!” exclaims a well-tanned couple sitting in lounge chairs by the water and some very large boats.

Tax Preparer Ethics Questions Affect HOH Filing Status

An important tenet of the tax preparation business is expecting anything. Taxpayers will for example insist on a tax position that appears logical but is probably not legal. Caution is always advisable whenever a taxpayer conveys unusual circumstances …

Valuable Asset To Small Business Owner Is Adviser From An Enrolled Agent List

The economy of recent years has caused many people to involuntarily become entrepreneurs. They pursue the world of small business from different directions. Some work as consultants in their areas of professional experience; others buy or start busines…

Addressing Difficult Tax Preparation Questions About A Deceased Child

An unrestrained ability to politely ask many nosey tax preparation questions is a characteristic for conducting tax preparer duties. Individuals must openly reveal details about their living arrangements during the tax year. This information impacts de…

Five Major Reasons Taxpayers Get Audited

1. Forgetting to Report All Your Income The IRS get a copy of ALL your 1099′s and W2s, and when that income is not reported on your tax return, the IRS computer notifies an IRS human who usually sends a 2000-PC Notice, which is a more like a paper audi…

Understanding the International Fuel Tax Agreement (IFTA)

What is IFTA? Do I have to have it? How do you calculate and pay IFTA? We answer these questions and more.

Back Taxes Filing Can Still Be Done Late

Today’s hectic lifestyle can often lead to forgetting or making mistakes that result in back taxes filing. Surprisingly, a lot of people file taxes late, forget about taxes or just do not want to pay their taxes. If a person makes enough income based o…

Eco-Friendly Taxes: IRS Efile

In the past, the thousands of pages printed each year during the busy season became so overwhelming that the IRS wasn’t sure how to store it all. Every return had to be printed, and each one required multiple pages of paper in order to be printed compl…

Uniform and Beneficial Advice on Tax

This particular article gives us an idea and importance of expert advice on tax and the benefits offered by uniform tax credits. The reader will get a detailed knowledge on the importance and necessity of tax payments. Proper payment of tax is also req…

5 Smart Ways To Use Your Tax Refund

Paying off debts isn’t exciting, but it’s a really solid way to use your funds. Debt just continues to build on itself, and carrying it has a negative impact on your overall credit score. A particularly hefty check from the government can have a big im…

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