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64Reduced or Cancelled Debt is Part of Your Taxable Income
Getting your debt reduced or cancelled is a major cause for celebration as your records will be clear and you’ll no longer bear the burden of paying for a large amount of money. Just remember that the...
63What Do IRS Notices Mean?
Being sent an IRS notice in the mail is no cause for panic. Some IRS notices are easily resolved and your IRS problems will go away in no time. The IRS sends out millions of notices every year. These are...
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67Is there a statute of limitations on Tax Debt?
Many people speculate if they can ever get away from their tax debts. Will there ever come a time when the IRS is no longer permitted to collect money from you? Is there a statute of limitations on IRS tax...
0 comments61Help In Dealing With IRS Auditors
An IRS audit is the taxpayer's biggest fear. Even those who do their taxes honestly begin to wonder if they did it right. The idea of penalties, levies, and even prison come to mind. However, realize that...
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59IRS Tax Problems
An uncertain economy has fallen upon us- higher energy prices, rising unemployment and mounting foreclosures. What does this mean for taxpayers? It means that taxpayers will be taxed with higher monthly...
1 comment55If You Make Over 100K, How Can You Keep Your Money?
You hear the argument all the time. The IRS and the government tax everybody else and collect more money from the poor than they do from the rich. So that they don't need to settle any taxes, the rich are...
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51Managing Corporate Houston Taxation Problems for Lawyers and Law Firms
Yes, even lawyers and law firms also experience taxation problems and yes, they also need help to settle their Houston taxation problems. And what better way to get a credible advice about taxation is to get...
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47Tax Preparation and Tax Accounting Strategy
I'm Tax Accountant Jim Trippon with a short lesson on Tax Planning and Tax Accounting practices that are fool proof to save you money on this year's income tax return. Tax accounting and income tax planning...
0 comments47Consequences of not Filing Your Taxes As Soon as Possible
People who have dealt with an IRS problem would testify that they have undergone a great deal of trouble, to say the least. While some of these stories seem outrageous, the fact is, they actually happened....
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47Most Common Tax Deductions And Credits For Homeowners
Local Taxes Homeowners pay a yearly property tax based on the value of the owners home. What most homeowners do not know is that this yearly property tax is fully tax deductible. The local property tax that...
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