Taxes

Common Problem: You're being watched. The IRS has determined that people in the service industry are the most likely to commit Tax Fraud than most. Especially people in cash intensive industries, like mechanics, hairdressers, waiters,…
Read More...

Winning Big: Gambling is addictive. If you took a trip and won some cash, you might think you're on easy street. But you'll be in from a rude awakening if your earnings were not reported to the IRS. Yes, believe it or not, Uncle Sam…
Read More...

Did You Know you can claim Medical Expenses as Tax Deductions? This is meant to relieve those in dire situations and cannot pay for their medical care. But you have to be careful. You can only claim qualifying medical expenses.…
Read More...

On Your side: Few people can sustain themselves with only one job. The price of everything is too high. More and more, people are taking on side jobs. It could be mowing lawns, doing handy work, or tutoring part time. But if you're…
Read More...

Hit Hard: Times are tough. And it's hitting small business harder than anyone else. Many corner stores are forced to shut down. Even ones that have been in business for decades. How can your small business take the pressure when the IRS…
Read More...

Tough Choices: Having ailing parents is heartbreaking. Sometimes, you have no choice put to place your mother or father into a nursing home. It's hard enough to deal with this issue without having to make sure your finances are in…
Read More...

Sensitive Issue: When you owe the IRS and owe Child Support, it's a scary issue. You can't go without paying for your children's needs. But the IRS is breathing down you neck. So who do you pay first? The answer may surprise you.…
Read More...

Confusing: IRS procedures are confusing. IRS Publication 502 covers medical expenses. It has over 100 topics covered. So how can you easily find out who to claim medical deductions on? It's broken down in this article. Qualifying…
Read More...

Unhappily Ever After? Marriage isn't always romance and happiness. But if you're married, you already know that. Financial issues can make or break the relationship. So make sure you do everything right the first time to avoid all that…
Read More...

Penalty abatement is forgiveness of penalties associated with tax debt that have been added over the course of the debt. Sometimes the IRS will agree to remove such penalties when a tax payer has shown a desire to resolve the debt and…
Read More...