The tax return amendment process essentially entails two components. First, you would have to come up with a fresh tax return. Make use of Form 1040 and extra schedules, if any. Second,...
Posted by CROMWELL & ASSOCIATES, LLC on 07/26/2017
One of the most difficult processes for those who are new to retirement is the abrupt change of switching from accumulating funds to withdrawaling them. It is easy to see why this...
Posted by Advantage Tax Service on 07/26/2017
Though people have been filing tax returns and paying taxes for years and even decades, there would always be a group of people who would miss deadlines, for various reasons. In this...
Posted by Bottom Line Tax Services, LLC on 07/26/2017
The law is very clear that every American should file his tax return before the deadline. However, every year, millions of Americans miss the IRS tax filing deadline. People have...
Posted by CROMWELL & ASSOCIATES, LLC on 07/19/2017
The way income is taxed varies immensely based on how that money is earned and what (if any) taxes have already been taken out before it reaches the recipient's hands. Rental...
Posted by Advantage Tax Service on 07/19/2017
The IRS offers a wide array of business deductions to help ameliorate the tax burden when filing time comes around. Whether that's once a year or quarterly, being able to write off...
Posted by Bottom Line Tax Services, LLC on 07/19/2017
About one-quarter of all U.S.families who take care of aging parents spend more than $10,000 per year doing so. In addition, at least 4 out of 10 families who care for elderly parents...
Posted by CROMWELL & ASSOCIATES, LLC on 07/12/2017
Americans dread an IRS audit because individuals charged with tax fraud charges could be fined up to $250,000 ($500,000 for corporations), end up in jail for up to five years, or...
Posted by Advantage Tax Service on 07/12/2017
The IRS will rarely audit your individual tax reports unless they notice discrepancies in the filed reports. As of 2016, only 0.70% of individual tax returns were audited by the IRS. Therefore,...
Posted by Bottom Line Tax Services, LLC on 07/12/2017