When a taxpayer cannot pay the tax bill (now or in the future) with future assets and monthly income, they may qualify for the I.R.S. Offer in Compromise program—providing a...
Six Tax Tips for the Self-EmployedSelf-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed:Self-Employed...
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...