7 Tax Saving Tips To Help You Stop Over Paying in 2019

Are you overpaying the IRS? Each year millions of Americans overpay on their taxes and receive the difference in the form of a tax refund. In 2017 alone, the IRS refunded more than $300 billion, and the average filer received $2,782. The problem with overpaying on your taxes is that you give away money that… Continue reading 7 Tax Saving Tips To Help You Stop Over Paying in 2019

7 Tips on What to do if The IRS is Coming After You

As a taxpayer, it is essential to make sure that you pay back what you owe the IRS. However, receiving any form of communication from the IRS stating that you owe them an outstanding balance can be scary. The important thing to know is the IRS doesn’t always get that number accurate, and that is… Continue reading 7 Tips on What to do if The IRS is Coming After You

How to Use The IRS Withholding Calculator

Tax withholding is the amount that your employer withholds from your paychecks for paying the Federal Income Tax. If you do not get this number right with the IRS then you may need to get some IRS help which is better then them coming after you. The amount that is withheld from your paychecks depends upon… Continue reading How to Use The IRS Withholding Calculator

3 Ways Small Businesses and the Self-Employed Can Qualify for Various Penalty Tax Reliefs

The IRS charges a penalty to encourage people to follow tax obligations. There are millions of penalties charged that make up billions of dollars. People can avert these situations by asking for relief from the law. It is important for the self-employed and small businesses to ask for penalty relief. As a result, this can save… Continue reading 3 Ways Small Businesses and the Self-Employed Can Qualify for Various Penalty Tax Reliefs

How an Installment Agreement With The IRS Works

Paying taxes every year to the IRS is something we have to do if we end up owing money. However, a lot of people don’t pay what they owe. The reality is IRS has an authority to file penalties against those tax offenders or those who missed filing the returns on time. The taxpayers who… Continue reading How an Installment Agreement With The IRS Works