If you are one of many Americans with “audit anxiety,” you’ll likely dread the idea of the Internal Revenue Service showing up at your house and rummaging through your receipts and bank statements to check for errors, penalizing you with hefty fines or even seizing your assets. Many myths surround the IRS, such as the… Continue reading The Top 5 IRS Audit Red Flags and How to Avoid Them
Month: July 2018
The Real Truth About Lottery and Gambling Taxes
Do you know the real truth about lottery and gambling taxes? Have you ever wished for money to magically fall from the sky so that you could pay off your debts, buy a gorgeous new house, or travel around the world? You could casually drive around your neighborhood in a Lamborghini, and the figurative Joneses… Continue reading The Real Truth About Lottery and Gambling Taxes