Owing the IRS is scary. The debt coupled with hearing what could possibly happen if the debt is not paid is downright terrifying. Then a...

Now that tax season is over, some taxpayers are forced to deal with the reality of a significant amount of tax debt. Whether from a...

Tax season is winding down. The April 15th deadline is rapidly approaching. Those who have yet to file their tax returns are starting to...

The Qualified Business Income Deduction Defined- An individual taxpayer who is also a small business owner may deduct up to 20% of...

There is a common misconception that once an individual reaches the age of 65 that they are no longer required to file an income tax...

The starting point to determine if you are required to file a tax return is “taxable income”. Taxable income is the amount of income that...

The 2018 tax season is upon us and we are now living in the midst of tax reform. As taxpayers, we are now realizing that some of our old...

More Small Businesses to Benefit from IRS Installment Agreements This article is the second in our series on the Fresh Start program,...

IRS Offers More Flexibility on Offers in Compromise This article is the first in our series on the Fresh Start program, which the IRS...