Believe it or not, the tax season is already here. And whether you’re ready for it, or not, it’s time to start preparing to file your tax return. Here’s what you need to know to get ready. For starters, the tax season officially began on January 19th and it officially...
Are you in debt to the IRS? Being in debt is never good but when you owe money to the IRS things can get really ugly. People get behind in tax payments for a lot of reasons, but the IRS usually doesn’t care why you’re in debt. The agency just cares about you paying it...
Every time you turn around it seems like another tax scheme is making headlines. Scammers will stop at nothing to get your money. Every year their tactics get more sinister and their schemes seem to get more sophisticated. If you’re not careful even the smartest...
It’s no secret that the IRS has a keen interest in collecting every last tax dollar that taxpayers owe. It doesn’t matter who or where it’s coming from. The taxman wants his money. This includes collecting taxes from money being stored overseas, which has long been a...
Looking to travel abroad sometime soon? Well, you better make sure you’re up to date on your taxes. What do your taxes have to do with traveling? Until recently, traveling abroad wasn’t too much of a problem for most people, as long as they had a current passport....
What’s the worst thing that can happen to you at tax time? Maybe you’re expecting a big tax return but after crunching all the numbers and entering all the necessary information you end up owing a big chunk of money to the IRS. That is definitely a lousy outcome....