Man Shocked By Tax Bill For Trillions Of Dollars
Imagine receiving a notice that you could owe taxes in the trillions. That’s exactly what happened to one man. Here’s what he did to fix the issue – and what you can learn from him.
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Get Out Of The Tax Debt Doghouse: 9 Tips For A Fresh Tax Start
Up to your neck in tax trouble? Here are 9 ways to get out of trouble – just in time for National Get Out Of the Doghouse Day!
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10 Things To Know Before You Say Yes To A Summer Job
Thinking about taking that summer job? From overtime rules to filling out tax forms to getting paid for an internship, here are 10 things you need to know before you say yes.
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12 Tips For Claiming Summer Camp Expenses On Your Taxes
If your family is anything like mine, with school out, summer becomes a whirlwind of vacations and summer camp – especially for working parents who depend on summer camp for child care. Fortunately, expenses associated with summer camp may result in a tax break in the form of the child care credit so long as they are work-related. Follows are 12 tips for claiming summer camp expenses on your taxes.
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As Markets Fall On Brexit News, Understanding When A Loss Isn't Really A Loss
In a record-breaking referendum, a majority of voters opted for the United Kingdom to exit the European Union. At the news, markets dropped, worrying investors. But did you actually lose money? Here’s how to understand realized losses from losses on paper.
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Taxpayer Deadline Nears For Reporting Foreign Bank, Other Accounts
June 30, just two weeks from today, marks the due date for the Report of Foreign Bank and Financial Accounts, or as they’re more commonly known, FBARs.
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Attorney Who Sued For Millions When Pants Went Missing Now Facing Ethics Charges
More than ten years ago, Roy Pearson Jr., filed a lawsuit against Custom Cleaners charging fraud and seeking millions of dollars. Now, the D.C. Disciplinary Board wants Pearson to answer questions about the suit.
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Tax Records You Should Keep After Tax Day (And How Long To Keep Them)
It’s true that the Internal Revenue Service wants you to hang on to your important records. But you don’t have to keep all of your tax and financial records forever. Here’s what you need to know about what to keep and what to toss.
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If You Missed Tax Day, Here's What To Do
Did you miss Tax Day this year? If so, you need to act now. Here’s what you need to do.
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12 Things Not To Do On Tax Day
Still have your tax return in hand? As the clock winds down, here are 12 things not to do on Tax Day.