Taxpayers generally want to avoid filing errors because they lead to tax problems and inconveniences. There are times when a taxpayer might experience tax filing mistakes due to complicated and sometimes confusing forms, calculations, and filing procedures. These errors can cause a delay in refunds or even tax penalties on their tax bill. Read on to learn these common tax … [Read more...]
IRS Scams To Watch For | Real Life IRS Tax Scam Stories
The Internal Revenue Service never fails to warn the public about the common forms of IRS scams. And yet, a lot of people still fall prey to these bogus activities. IRS scammers have become more creative in deceiving and extorting money from their targets. Learn from some real life IRS tax scam stories to prevent you from becoming the next victim. Beware! 7 True-to-Life … [Read more...]
User Guide For Paying Vehicle Taxes
Vehicle taxes, sales tax, property taxes, and transfer fees – they catch a lot of car buyers unaware. Whether you are buying a new or used car, it pays to be ready with the high purchase price, as well as taxes and fees. You can save yourself a significant headache by budgeting for it first. In this article: What Are Vehicle Taxes? How Do You Pay Your Vehicle … [Read more...]
Travel Taxes Explained | US Travel Tax
If you're a frequent traveler, then you have to know the different forms of travel tax. You pay taxes with almost all your travel expenses -- from purchasing a ticket to booking your hotel or rental car. You may not notice it, but these taxes actually make your travelling costs even higher than you probably expected. Familiarize yourself with the travel taxes you may encounter … [Read more...]
Standard IRS Mileage Rate For 2018
The Internal Revenue Service (IRS) announced the IRS mileage rate 2018 as early as last year. And now it’s time for car owners to max-out its benefits. In a nutshell, this rate refers to the amount you can use to deduct non-personal, vehicle-related expenses off your annual tax dues. These are the rates based on the recently passed Tax Cuts and Jobs Act of 2017. Get to know … [Read more...]
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