Undoubtedly, you are aware of Dear John letters. Often a young lady sent them to men in the military, often containing bad news. Well, the IRS sends them to taxpayers as well.
Dear John Letters From The IRS
The Internal Revenue Service sends out millions of Dear John letters to...
Dealing With Taxes If You Live and Work Outside The United States
When solar cells first came on the scene in the 1950s, they were simple. Now, there are a wide variety of cells and more are coming as technology improves.
An Overview of Solar Cells Through The Years
Solar...
Create Tax Savings And Transfer Wealth To Your Child With A Roth IRA
Parents must give serious thought to protecting their family through estate tax planning. While life insurance and trusts should be a part of every plan, Roth IRAs can be a simple tool for passing money to your child on...
Apartment owners can face staggering expenses to maintain apartment communities. The upkeep of even a modest community could involve groundskeeping, unit renovation, and replacements, such as parking lot asphalt and fencing. Another steep expense is federal income tax – and in some areas...
Cost Segregation : Why are 90% of real estate investors overpaying federal income tax?
By ignoring generous IRS guidelines when establishing depreciation schedules, over 90% of real estate investors are unintentionally overpaying federal income taxes. In addition they are paying federal...
Its a moment every person dreads. You pick up the mail and there is an envelope from the IRS. Its not a refund check. What do you do?
Dont Panic
Each year, the IRS sends out millions of correspondence audits to taxpayers to request payment of taxes, notify them of a change to their...
Corporations Failing To Claim AMT Exemption Overpay Taxes By $11,000
Does your incorporated business pay alternative minimum tax [AMT]? If so, there is a 93% chance you have been overpaying your taxes by an average of $11,000 a year according to the Treasury Inspector General.
The...
Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent themselves. They hire sub-par representation and now are in MORE need of help than ever...
Money is like manure; it’s not worth a thing unless it’s spread around encouraging young things to grow. Thornton Wilder
The lack of money is the root of all evil. Mark Twain
Did you know that Congress passed a bill in 2005 that can provide you a tax credit (thats a...
A child custody agreement can have serious implications on your tax filing and your taxes overall. This issue should be addressed with your attorney or with your accountant while you are going through the process of negotiating or litigating child custody or a divorce agreement. Waiting until...
More than a few people are happy to learn they are due a tax refund after filling out their tax returns. If you are one of these people, here is how to check the status of your refund online.
Checking The Status of Your Tax Refund Online
Before getting into checking your refund...
In recent years, the IRS has made a concerted effort to get people back into good status by reaching deals on overdue taxes. The rules affecting this program have just changed dramatically.
Changes to IRS Tax Settlement Rules
The IRS used to be the terror in most peoples...