Most individuals are already switching to a summer mindset of delicious piña coladas and summer vacations automatically push taxes to the...

Many business owners are unaware that the IRS places a higher priority on collecting payroll taxes than on collecting unpaid income...

There are no avoiding taxes and if you want to avoid a tax audit, it’s important to file your self-employed taxes right the first time....

Unemployment is taxed for recipients at the federal level. How much you pay will depend on your unique tax bracket and how much taxable...

No taxpayer wants more tax liability. As a matter of fact, taxpayers would much rather receive a tax return that could stuff their...

If you moved last year from one state to another, you probably had even more work to do because you had to register to vote and get a new...

When you buy or sell stocks, you must pay capital gains taxes. The amount you'll owe is determined by the amount of your earnings and how...

If your eligible medical expenses exceed 7.5% of your AGI, you are allowed to deduct medical expenses. If you or your dependents have...

Did you make any mistakes when you were filing your taxes this year? You may owe the IRS money, or have unfiled years or back taxes. Any...

When you've completed your tax return and discover that you owe money, it's never good news. You do, however, have a few options for...

A tax lien is a claim against your assets and property. A tax levy is the result of an unpaid tax lien. You will receive an official...

When a person begins to care for their parents, the IRS permits them to claim their parents as dependents on their tax return. Find out...

Taxes are the most important factor to consider when forming and choosing a corporate entity. Your business entity structure has a direct...

The IRS updates key tax regulations every year to keep up with inflation. The IRS also modified and updated the Earned Income Tax Credit,...