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Unfortunatly, you will need to find either a good CPA who can help you work with the IRS or a good tax attorney who does tax controversy work to help. I don't do tax controversies myself; I only do ta ...Read more

The gas company's asking for a W-9 does not necessarily mean that any damages they pay you will be taxable income, no. But they will generally be required to issue a 1099 if they are going to deduct t ...Read more

Generally speaking and assuming no other issues, the IRS will generally consider offers in compromise and installment payment plans.

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Proposed Tax Deduction for Pet Medical Bills

If you own a pet, you know veterinary bills are a costly but necessary part of pet ownership. In California, pet owners may soon be able to receive a tax deduction for medical costs incurred on behalf ... Read more

2017 List of Dirty Dozen Tax Scams

Each year, the Internal Revenue Service identifies a “Dirty Dozen” list comprised of a variety of common tax scams that a taxpayer may encounter. Although a taxpayer may encounter the sche ... Read more

Want To Retire Already Millennials? Here Are 4 Ways To Help You Get Started

Contributing Author: Dianne Schechter Launching into adulthood is never an easy task, but today’s young people do have it pretty rough — at least compared with recent generations. Fallout ... Read more

Tax Implications of Marriage

Couples who decide to get married usually do not consider the tax implications of marriage until it is time to make their first joint filing. While many couples enjoy tax benefits after they are marri ... Read more

FIVE TAX TIPS YOU MUST HAVE AFTER RECEIVEING A PERSONAL INJURY SETTLEMENT

We are in a new year and tax season is just around the corner. Because of this, if you have received a personal injury settlement or award it is important that you understand all the tax ramifications ... Read more

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