There are numerous reasons why the IRS may decide to do a tax audit on your return. Most of these are just to check out that the information you provided is correct. In other cases,...
Donating an old or used vehicle to charity is a win-win notion.You win simply because you not only get rid of a clunker for which you pay registration and insurance fees (and also,...
The earned income credit is a great choice that you can make to save some money during tax time. But not every tax payer is going to be able to qualify for this deduction when they...
Back taxes are a thing that no one wants to deal with. Whether you are a business owner or an individual who has failed to pay off your taxes from previous years, it is...
For a number of individual taxpayers who find they owe the IRS, the tax bill might be more than they can afford to pay by the annual tax deadline. Even if you cannot afford your tax...
Starting a new business can be a huge undertaking. One of the most important and first decisions that you need to make is to decide how it will be structured. This will determine the...
It can be difficult enough to pay a tax debt, but once penalties are added, the cost can be even higher. However, the IRS provides an option to avoid the additional debt of penalties....
Posted by Brian Walsh EA on 03/19/2016
Contributing to a health savings account or HSA before you retire can provide various benefits after you turn 65. These plans typically cover just qualified medical expenses, which...
A health savings account or HSA provides the ability to be reimbursed for a variety of medical expenses with tax free dollars. However, the benefits of the HSA continue after you turn...
Posted by Larry Gurewitz on 03/18/2016