Why is My Tax Refund Smaller This Year?

By Top Tax Staff

Tax refunds have been 10% smaller than last year’s. The average refund dropped 9.8% from 2022 to $2,910. Why? Why has this happened? 

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How to Negotiate a Payment Plan With the IRS

By Top Tax Staff

It is now past Tax Day, and if you're taking stock of their tax liabilities and saying, “Yikes!” - you're not along. Many people are watching as their tax debt keeps growing with interest and penalties and wonder where it all stops.

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Save Money by Taking Advantage of Education Tax Credits

By Top Tax Staff

Do you have a kid going to college? Are you or your spouse taking higher education or continuing education classes? Then you need to take advantage of educational tax credits offered by the federal government.

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Last Minute Filing Tips for 2023

By Top Tax Staff



This year, Tax Day is Tuesday, April 18, 2023.  Are
you scrambling to get your federal taxes done before the deadline hits? Don't panic

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What is Tax Withholding?

By Top Tax Staff

Every year you go through the same thing — filing your taxes. Why? Because you need to know if your employer (or you) paid enough of your wages to the IRS and whether you get a refund. 

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Don’t Know How Much You Owe the IRS? Here’s How to Find Out

By Top Tax Staff

You know you haven’t filed or paid taxes for one or more years, but do you know exactly how much you owe? Unfortunately, ignoring it doesn’t make it go away. Might as well bite the bullet now and get things figured out!

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How to Ask the IRS for Tax Forgiveness

By Top Tax Staff

The IRS is rarely in a forgiving mood, but under the right circumstances, you might be able to earn their forgiveness for part of your tax debt.

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What is a Tax Lien?

By Top Tax Staff

A tax lien isn’t a joke. The IRS isn't pulling a prank on you, and telling you that your property is about to be seized isn’t their idea of a good time. 

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Payroll Taxes for Small Business Owners: A Guide

By Top Tax Staff

As a small business owner, you have your hands full with keeping the doors open and the business running. Payroll taxes can take a big bite of your time because they are as comprehensible as any other government regulation.

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Can I Claim the Employee Retention Tax Credit?

By Top Tax Staff

The Employee Retention Tax Credit program has ended, but you can still claim retroactive credits if you qualify. It's not too late! You have until 2024, or in some cases, 2025, to do a look-back on your payroll and retroactively claim the credit by filing an amended tax return.

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