Taxes are one of those things each year that you would rather not think about until you have to. The problem with that, however, is if you wait until April to think about your taxes, the tax year is over and you could have a big tax problem on your hands that you are...
An Internal Revenue Service audit is a systematic review of your financial information to be sure that what has been reported to the IRS is correct and is in keeping with current tax laws. Learning that you or your business is subject to an audit can be stressful and...
We all know how hectic the holiday season can be. Every year we know the holiday season is coming, and we usually have plenty of notice and time to prepare ourselves for how we spend the holiday season. You may even have a routine that works for you to help your...
If you have earned income, you might qualify for the Earned Income Tax Credit (EITC). Many folks who are accustomed to filing their own taxes may not realize what exactly the Earned Income Tax Credit is, and whether or not they qualify for the EITC. As user-friendly...
For first-time tax filers, the thought of completing your tax return may be overwhelming. But once you get started, you’ll be surprised at how simple it really can be if you understand the basics. Here are 6 tips that will get you off to a smooth start to filing your...
Once debt has reached an insurmountable level, it may be time to consider your options for bankruptcy. Whether for an individual or a business entity, filing for bankruptcy is a major decision that requires a tremendous amount of analysis and forethought. And while...