Tag: IRS

How to Survive an IRS Audit

How to Survive an IRS Audit

| April 3, 2023 | 0 Comments

You’ve filled out your tax forms, filed them on time, and now you’re waiting for the dreaded letter from the IRS. An audit can be intimidating to anyone; after all, it means the IRS is taking a close look at your finances. But don’t panic—an audit does not necessarily mean you’ve done something wrong or […]

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Don’t Let Tax Issues Ruin Your Finances

Don’t Let Tax Issues Ruin Your Finances

| May 4, 2014 | 1 Comment

As a law-abiding citizen, you might file your tax return each year by April 15. And since you know it’s your responsibility to pay taxes, you might send the IRS a check for any taxes owed. But unfortunately, even if you do everything right, mistakes on your return can result in owing additional taxes. Unless […]

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Federal Energy Tax Credits to Save on Window Home Improvements

Federal Energy Tax Credits to Save on Window Home Improvements

| November 11, 2013 | 0 Comments

Most people want to buy new windows or shades at some point. They may cost more than you would expect and many people don’t feel comfortable paying for them. Fortunately, you may be able to take advantage of some federal energy tax credits. Requirements for the Federal Energy Tax Credit The Federal Energy tax credit […]

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Don’t Make These Five Tax Mistakes

Don’t Make These Five Tax Mistakes

| September 26, 2013 | 0 Comments

When filing taxes, many make minor errors. When avoiding these top five tax mistakes, one should have no trouble filing a return and avoiding any delays. Math calculations In the computer age, some people still like to file their taxes with a pen and piece of paper. While it is possible to do so without […]

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Smart Ways to Use a Tax Return

Smart Ways to Use a Tax Return

| May 21, 2013 | 2 Comments

Completing a tax return has to be one of the most dreaded tasks; the never ending forms, the gobbledygook instructions and the hours of poring through figures in a desperate attempt to get everything to add up. However, one of the more pleasant things associated with completing a tax return is the knowledge that you […]

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Tax 101: How to Determine if You Have Unclaimed Tax Refunds

Tax 101: How to Determine if You Have Unclaimed Tax Refunds

| March 22, 2013 | 0 Comments

When it comes to filing your tax, you want to make sure that you have everything right. You can get into serious trouble if you end up making certain mistakes, and therefore it is a good idea to check over it multiple times. Some people will probably give them a day or two to look […]

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5 Reasons for Expats Giving Up Their American Citizenship

5 Reasons for Expats Giving Up Their American Citizenship

| February 13, 2013 | 1 Comment

You must have heard the latest buzz about expatriates giving up their US citizenship. The new rule under the Foreign Account Tax Compliance Act states that all financial institutions abroad will have to report if they have an American co-signer. This law is creating a lot of problems and majority of the Americans are of […]

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