Tips for Students Planning to Work During the Summer
As the summer break from school approaches, many students are looking for part-time summer employment. Both parents and students should be aware of th…
Taxes
Forgot Something on Your Tax Return? It’s Not Too Late to Amend the Return
If you discover that you forgot something on your tax return, you can amend that return after it has been filed. The need to amend can include a numbe…
When Can You Dump Old Tax Records?
Taxpayers often question how long records must be kept and the amount of time IRS has to audit a return after it is filed….
Video Tips: Hearing from the IRS?
While most people dread getting a call from the IRS, the truth is that there are a few different reasons why the agency may need to get in touch. However, it’s important to beware of scammers who claim to be from the IRS in order to try and trick you into paying them money. The best way to avoid falling for these scams is to know how the IRS will actually reach out to taxpayers. Watch this video to be more informed and avoid becoming a victim of fraud.
Owe the IRS Money? How Long Do They Have to Collect?
Have you ever wondered how long the IRS has to question and assess additional tax on your tax returns? For most taxpayers who reported all their incom…
Video tips: time is almost up to claim your 2018 Tax Refund
The statute of limitations for claiming refunds expires on April 18, 2022, for 2018 returns. If you still want to claim your 2018 refund or make an amendment to your return, time is running out.
Foreign Income and Tax Reporting Issues
Anymore, we have a worldwide economy and with that comes a variety of tax issues. Some of these may be relevant to you. The following issues, some of…
Can’t Pay Your Taxes? Here Are Some Payment Options
Although most (74% in 2020) American taxpayers receive a refund each year when they file their income tax returns, there are those who for one reason …
Gambling and Tax Traps
Although gambling may seem to be a recreational activity for many taxpayers it is not for THE government. They look at it as a source of tax revenue a…
Return Being Processed Means The IRS Received Your Tax Return, But It Could Still Be Delayed.
Even with the delays, the IRS owes you interest on your money. The IRS has administrative time (typically 45 days) to issue your refund without paying…
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