The Inland Revenue Service (IRS) Fresh Start Program is a term for the IRS's debt relief programs. The program aims to make it easier for people to lawfully resolve their tax obligations and penalties...
The IRS has officially begun sending out the third $1,400 stimulus checks to American households but not everyone will get their money at once. The $1.9 trillion American Rescue Plan will send out one...
The U.S. Internal Revenue Service (IRS) Wednesday postponed the tax filing deadline from April 15 to May 17 to give taxpayers more time to file their returns and settle bills.“This continues to be a...
The IRS on Monday released annual inflation adjustments for 2021, including tax tables, tax rate schedules, and accost-of-living adjustments, and other tax changes. Each year, the internal revenue s...
With 2020 in view, a new set of rules and regulations have been put in place; some of which could affect our finances in the coming by either building them up or slowing them down. We h...
This is one of the official documents used by U.S. taxpayers to file their annual income tax returns. The form is divided into sections. There is a section to report income and another to report deduc...
In an event of failed tax payment or tax debt neglect, the government can make a legal claim over a tax payer’s property, including personal property, real estate, and financial assets. Such t...
After US lawmakers reached an agreement for a second stimulus check, millions of Americans who were set to receive their checks via direct deposit have encountered some challenges. Those affected are ...
Understanding tax season might help you submit your taxes on time and even improve your working relationship with tax specialists.What is Tax Season?Tax season is the time of year for most people to f...
While owning a rental property is a good investment and income stream, many choose to refrain from it mainly for complex tax issues. It is undeniable that rental income taxes are quite complicated com...