Six Questions to Ask Before Hiring an IRS Tax Attorney

By Top Tax Staff

Resolving a complicated tax matter can take skills and knowledge you do not possess. Instead of dealing with the IRS by yourself, you could get the matter handled quickly and to your satisfaction by retaining a tax lawyer. You can retain a good tax lawyer by realizing the benefits of his or her services and knowing what questions to ask before you hire one to represent you.

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Nine Types of Tax Penalties You Should Avoid

By Top Tax Staff

Filing your tax return each year may not be as simple or fast as you would prefer. You could actually make costly mistakes if you accidentally or purposefully leave out critical information. 

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Avoiding Common IRS Tax Scams During Tax Season

By Top Tax Staff

As a taxpayer, the idea of getting a big refund from the IRS each year may appeal to you. In your excitement, however, it is important for you to remain guarded before handing out your personal identification information. You can protect yourself from being taken advantage of by identity thieves during tax season and other times of the year by knowing what IRS scams to avoid.

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Why the IRS is Denying Americans of Passports for Unpaid Taxes

By Top Tax Staff

Owing back taxes to the IRS threatens your finances and income. However, because of the FAST Act it can now put your ability to apply for or keep a passport in jeopardy. If you owe an IRS tax debt, you will benefit by learning if the FAST Act applies to you and how you can resolve your debt quickly to protect your passport. 

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Tips for Resolving Your Unfiled Back Taxes

By Top Tax Staff

The IRS expects you to file and pay your taxes on time each year. When you fall behind with your returns, you put yourself at risk of steep fines and penalties and collection activities like wage garnishments or bank levies. You can get caught up with filing your returns and settle your back taxes by using these strategies. 

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Easing Your Tax Burden by Deducting Summer Camp Expenses

By Top Tax Staff

Sending your children to day camp or summer camp can be an expensive endeavor. Even so, you may believe you have no other option for child care if you are working or going to school full-time or on the lookout for new employment. 

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The Sales Tax Audit Survival Guide

By Top Tax Staff

Have you received notice of an audit from a state or government agency? If so, you might be wondering what to do next. An agency might request a sales tax audit to review a private company’s accounting information. By sending an auditor to complete a thorough examination of accounting and information related to your business, an audit serves to identify discrepancies in your business data.

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Understanding IRS Tax Penalties and How to Avoid Them

By Top Tax Staff

Tax season is stressful enough without having to worry about incurring IRS penalties. The IRS does not randomly assess penalties on people's tax obligations. 

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The Nine Most Overlooked Tax Deductions You Should Know

By Top Tax Staff

Tax deductions reduce the amount of taxes you owe to the IRS and ease the financial burden you face when you file your returns each year. However, some of the most lucrative eligible deductions are overlooked simply because most taxpayers do not know about them. You could lower your tax obligation and even get a refund by claiming these deductions if you are eligible for them. 

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Asset Seizure: What Assets Can the IRS Legally Seize to Satisfy Tax Debts?

By Top Tax Staff

When you are seriously negligent in paying your IRS tax debt, you put your income and assets at risk of being seized. The IRS uses this extraordinary step to collect on debts when taxpayers have failed after repeated warnings to pay what they owe. 

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