Preventing & Recovering from Tax Identity Theft “I wish someone would intercept my big tax refund,” said no one ever. But when tax identity theft enters the scene, that’s exactly
Three Steps to Address an IRS Notice CP14 Unfortunately, filing your tax return isn’t always your only contact with the IRS for the year. If the federal tax agency finds
An estimated 80 percent of Americans will get a tax refund this year. But where is yours? The IRS typically issues your tax refund within 21 days of filing your return. There may
Tax Day is finally over, but that doesn’t mean you’re completely off the hook from any tax return mistakes. Even if you swore your tax return was perfect, it can
The IRS has called for backup from the private sector, and these four companies could be coming after your tax debt in lieu of the IRS. Here’s what you need to know to stay informed, lawful and safe.
Tax Day isn’t anyone’s favorite holiday. Whether you own a corporation or started your first part-time job last year, the April deadline is stressful for the entire U.S. population. But
If you haven’t figured it out from every U.S. adult sweating profusely over their W-2s, receipts, and calculators, April 17 is Tax Day this year. But what does it take
No matter where you live in the U.S., you have to pay taxes (sorry). But the type and amount you pay do depend on where you live. Now, taxpayers in
2010 brought us the iPhone 4, a first Super Bowl win for the Saints, and Lee DeWyze’s claim to fame on American Idol. And while these things promised a new
Tax season is (quickly) coming to a close – have you filed yet? Taxpayers have until April 17, 2018 to file their tax return, but waiting until the last minute
Across the country, CPAs are crunching (and crunching, and crunching) numbers to assess how their clients can benefit from the new tax reform law. And for business owners, becoming a
If you’re a business owner, you know taxes are a part of the gig. And for S Corporations and Partnerships, the spring tax deadline is even earlier than for most
An anticipated tax return brings hopes of finally replacing that ugly bathroom wallpaper or booking your spring beach vacation. But what if something – or someone – steals that away
It’s tax season. Did you just shiver? Filing tax returns on your own can be – to put it lightly – a nightmare. Luckily, you can hire a tax
You Don’t Want to Miss Tax Forms Like most Americans this time of year, you’re probably camped out by the mailbox waiting for your W-2 to come. Ok, maybe that’s
As sales tax revenues continue to downward spiral, the online sales community is destined to become a piggy bank for the government. A recent decision by Amazon triggered what could
Traveling around the world is already hard enough – and now for those with tax debt, it’s going to be even harder. Starting this month, the IRS is enforcing procedures
Cryptocurrency investments, such as Bitcoin, are on the rise. You see it on the news and in your digital feeds. The IRS sees this money as taxable and is
When you apply for a payment plan, including certain types of Installment Agreements, Offer in Compromise, or Currently Not Collectible status, the IRS asks you for a financial statement, Form
The end of the year is the appropriate time to make financial adjustments to lower your tax bill for the year. Making adjustments in income can make a greater difference
Whether it is paying your current taxes or handling back taxes, the IRS provides various payment options. Even though electronic payment transfers are becoming popular, you may choose the method
Taxes have a long and storied history in the United States. In fact, the taxes levied by the British Empire on the American colonies were at the heart of the
What is an IRS Notice of Deficiency (CP3219A)? An IRS Notice of Deficiency, or Notice CP3219A, lets you know that the information you reported on your tax return is different
Even the IRS can be forgiving. Learn about the circumstances in which taxpayers can have their tax debt partially forgiven.
The White House is saying “snip, snip” to the IRS’s budget this year, but not for the first time. The agency’s allowance has been cut by 20 percent in just seven years, even though it collects $4 for every $1 spent. The cuts will affect taxpayers these six ways.
If you owe the IRS and don’t know where to start, then you’re one of over 8 million Americans who are in the same boat. And while many financial pros can claim to help, selecting one isn’t the same as choosing a candy bar at the grocery checkout line.
With summertime in full swing, you may be considering some much-needed time away from home. Whatever your travel plans, you might want to consider whether or not you’ll be able
You probably take for granted just how much time you spend in your car every week. What you do notice is the cost you incur for fuel, general maintenance and ill-timed auto
It’s critical to determine how your taxes – and any existing problems – can upset your postmortem financial blueprint.
While the IRS cannot call up your employer and tell them you owe back taxes, tax debt can have serious consequences on your employment. Tax Defense Network explains how tax debt can affect your job.