Tax Law

I'm here from the government and I am here to help? Yes, it is true. Take advantage of some of the IRS tools to help you navigate the rough sea of tax issues. Here are some online tools to consider before you call the IRS and have to wait for an extended period of...

Dealing with an IRS problem is time consuming and can be confusing for the average taxpayer. The taxpayer may feel that they are right but the process is long and frustrating. Congress created the Taxpayer Advocate office with the hope that a speedy resolution might...

Are you starting a new business? If so, there are several key decisions to make that will affect you and your business for many years. Here are some initial items to consider when starting your new business: IRS Tax Tips for Starting a BusinessWhen you start a...

The government is here to help with the cost of your college education. Several  credits are offered for attending higher learning institutions. Don't let this money slip away.Here is a summary of the various credits offered: Back-to-School Education...

If you receive a notice from the Internal Revenue Service, you must answer the notice within a specific time. Failure to respond could result in an assessment and more expensive to unwind.Here are a few tips to deal with an correspondence from the Internal Revenue...

Many taxpayers will have gambling winnings. Be advised that these winnings cannot be ignored and there are specific ways to report the winnings and the dreaded losses. Winnings that are not reported may come back as a surprise when the IRS issues a matching...

Identity theft is a common problem in our society and has become an epidemic in the field of tax preparation. If you are a victim of identity theft, don't blame the preparer. Do follow these steps if you are a victim of identity theft. Ten Things to Know about...

If you owe money to the Internal Revenue Service or your state Department of Revenue, that liability does not go away easily.  If you do not make proper arrangements to pay the liability, government agencies have very powerful tools to get your attention.Here is...