Last year, the General Accounting Office (GAO) warned that millions of taxpayers could owe more in taxes come tax time. Without proper planning (and a withholding checkup), those
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Taxes From A To Z (2017): L is for Late Filing & Late Payment Penalties
It’s Taxes From A To Z. L is for Late Filing & Late Payment Penalties.
Read MoreFeds Announce Record Settlement With Bank Of America, Shareholders Breathe Sigh Of Relief
Bank of America Corporation (BoAC) will pay $16.65 billion to settle claims against Bank of America and its related parties (including Countrywide Financial Corporation and
Read MoreTaxes From A To Z (2013): V Is For Voluntary Disclosure
V is for Voluntary Disclosure. I know what you’re thinking: this doesn’t apply to me because I don’t have offshore accounts. But don’t leave just
Read MoreIRS Announces Efforts To Help Struggling Taxpayers
It’s tough out there these days and increasingly, taxpayers are scurrying away from their tax obligations for fear that they won’t be able to pay.
Read MoreTaxes From A To Z: E Is For Early Distributions
Let’s face it… It’s been a tough couple of years for a lot of taxpayers. More and more taxpayers have reached into their savings, including
Read MoreMaking Sense Of The Making Work Pay Credit
So now that you’ve calculated the Making Work Pay Credit, what does it all mean? A credit is a dollar for dollar reduction in your
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