When You Owe Taxes to the IRS

When You Owe Taxes to the IRS

No one likes having to pay in at tax time, which is why tax planning all year-round is essential. Even when you cannot avoid paying in, you still have options when you owe additional taxes to the IRS. You may be able to pay the debt over time, work out an arrangement...
8 Last Minute Tax Strategies

8 Last Minute Tax Strategies

The tax code is incredibly complicated. It is far more common than you might think to overlook tax reduction strategies and potential tax savings. Some deductions and credits are missed more than others. You can use this list to determine if you have missed some of...
How to Avoid Audits & Have a Stress-Free Tax Season

How to Avoid Audits & Have a Stress-Free Tax Season

A “tax audit” occurs when the IRS wants to do an in-depth examination of your income tax return. It will ask for additional documents to ensure that your income, credits, deductions, and expenses are accurate. While you should have good records in the event of an...