Reduce Your Income: Hire Your Kids
If you own your own business, by hiring your children you can save in the following ways: Salaries paid to children under 18 are not
If you own your own business, by hiring your children you can save in the following ways: Salaries paid to children under 18 are not
On average less than 2% of over 90 million tax returns are selected for audit each year. The percentage increases for higher income groups and
Most income you receive is taxable income that is reported to you and to the Federal/State tax authorities. However, there are a few income-producing events
IRS issues emergency tax year 2021 extension for FL NC & SC
Every year, the Taxpayer Advocate Service submits a mid-year report to Congress that outlines serious problems facing taxpayers and makes recommendations on how to mitigate those problems. This article outlines the main takeaways from the report and solutions for the next filing season.
Every year, thousands of people across America get a CP2000 letter from the IRS. In this article, we explain what the CP2000 process and how to handle the IRS. We also outline the exact filing steps to combat a CP2000 letter.