Finding Real Life Solutions To Your Tax Problem
A taxpayer may feel very vulnerable when they are in a dispute with the Internal Revenue Service. The IRS is a large government organization that has some very significant powers, so it can be very intimidating to face off against this organization. Sometimes, in...
Depending on who you ask, the hype machine has definitely shifted into overdrive with the most anticipated fight in years closing in. For many sports fans, Saturday is nirvana, with the NFL Draft, the Kentucky Derby and the NBA Playoffs all happening on one day. While...
Who would you trust more: the IRS or tax preparation services like TurboTax?This question is at the heart of an ongoing debate over how our taxes should be calculated each year. Currently, the U.S. has the most complicated system for preparing taxes of any...
Tax authorities distinguish between willful and non-willful mistakes. However, ignorance of the tax laws is generally not a good excuse.Tax penalties vary depending on the circumstances of the matter. Penalties of 25 percent are common. Civil fraud penalties, on the...
If you or your business is facing a tax controversy it is likely that you are nervous and stressed about what the outcome will be. Will you have to pay more money to the Internal Revenue Service? Will you be assessed penalties? When you are facing collections, an...
It is fair to say that the life of the average tax payer does not resemble that of civil rights leader Reverend Al Sharpton. That said, tax issues such as those he is currently facing are something that people throughout the nation, including the state of California,...