It is perfectly normal to feel worried or scared when the Internal Revenue Service (IRS) has chosen you for a tax audit. The IRS auditors will comb through your income tax return, receipts, business books, and other financial records. You may feel you are going to be hauled off to a tax court or, worse, spend years in prison. Before you start panicking, make sure you are … [Read more...]
Estimated Taxes | How To Determine How Much You Should Save
Estimated taxes can be challenging, especially for a taxpayer who needs to report self-employment income. The wrong numbers can lead to a tax liability or underpayment of estimated tax, which then results in an underpayment penalty. Read on for more information on making the right estimated payments. In this article: How Do I Know If I Need to Pay Estimated Taxes? Am … [Read more...]
How To Check Your IRS Payment Plan Balance | Tax Relief Center
Your IRS payment plan balance results from late settlements or failure to file tax reports. It worsens as penalties and interests pile up. Keep your balance in check. Learn how to check the status of your payment plan and other important information about IRS payments with our handy tax guide. Everything You Need to Know About Your IRS Payment Plan Balance In this … [Read more...]
What Is The Tax Date And How You Should Prepare
Knowing the tax date matters. And there is a reason why it is such a big deal for all taxpayers in the U.S. Do you know how much you will lose just paying penalties for missing deadlines in filing and paying taxes? So, continue reading to know what the deadline for filing taxes is and how to keep track of the tax due date. Information on Tax Date | Frequently Asked … [Read more...]
What Federal Tax Exemptions Can I Claim?
Besides claiming your tax refund, a taxpayer can save more money and reduce their financial obligation by knowing the changes in the federal tax exemptions. Federal Tax Exemptions | The Numbers and Changes That Matter In This Article: Personal Exemptions for 2017 Spousal Exemptions for 2017 Dependent Exemptions for 2017 Changes to Federal Tax Exemptions … [Read more...]
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- Next Page »