Five Ways an IRS Attorney Can Help You with Your Taxes

By Top Tax Staff

Dealing with the IRS may call for expertise and knowledge you do not possess. If you use the wrong approach when trying to file your taxes or settle an outstanding tax debt, you could run afoul of tax codes and also owe more money than necessary. When you want to handle your tax case the best way possible, you should learn the five important ways that an IRS attorney can help you today.

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Qualifications Needed to Use the Head of Household Filing Status

By Top Tax Staff

 

Choosing the best tax filing status can be a challenge if you are not certain which one applies to your situation. If you choose the wrong status, you could owe more money than necessary to the IRS. You may be able to lower your tax rate and get a higher standard deduction if you meet these criteria for filing Head of Household.

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Five Tips to Surviving an IRS Tax Audit

By Top Tax Staff

The IRS makes a point of collecting every dollar owed to the federal government. It combs through returns each year to ensure that taxpayers did not cut corners when filing and submitting returns. If your own return has been set aside for review, it is important that you use these five tips to survive an IRS tax audit.

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Four Details to Know about the IRS Collection Time Frame

By Top Tax Staff

When you owe the IRS a large sum of money, you may fear that you will never outlive the debt. You may foresee a future of payments that extend well into your middle age or retirement. Before you despair of being clear of your back taxes, you should understand these four important aspects about the IRS collection time frame.

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5 Requirements to Know before Hiring Employees for Your Business

By Top Tax Staff
 
As your business grows, you may find it wise to hire employees. Hiring employees can help your business meet the new growth and also improve the service or products you provide your clients. Before you bringing in any extra help, however, you should know these five important tips for hiring employees.
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Important Facts to Know About Innocent Spouse Relief

By Top Tax Staff

Among the things that married couples share, their tax returns can be the most damaging if one spouse fraudulently or falsely reports information to the IRS. This person's actions could adversely affect the other spouse, who may be unfairly held liable for any money owed to the government.

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4 Tips to Use Now for the 2017 Tax Filing Season

By Top Tax Staff

You may have breathed a sigh of relief as this year's tax season passed. As tempting as it may be to forget about your financial specifics right now, the time has never been better to start preparing for next year's taxes.

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Reporting Tips to the IRS as a Tipped Employee

By Top Tax Staff

People who work as tipped employees must report both their regular income and their tips from each shift as income. If you work as a waiter or waitress, a casino poker dealer, a valet, bus boy, or as another commonly tipped worker, it is important that you know how and when to report your tips to your employer and to the IRS.

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Celebrities Who Have Faced IRS Audits, Penalties, and Punishments

By Top Tax Staff

Celebrities Who Have Faced IRS Audits, Penalties, and Punishments

The tax man comes for everyone, even people who are wealthy and famous. In fact, despite having more money that most people in the country, the rich and famous run afoul of the IRS just as often as everyday people. Hollywood heavyweights must follow the U.S. tax codes just like everyone else and sometimes find themselves being audited for violating U.S. tax codes.

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Choosing Qualified Representation for your IRS Case

By Top Tax Staff

Being Audited 5 Reasons to Get Audit Representation

You have the right to representation before the IRS. Depending on the specifics of your case, you may benefit by allowing someone to advocate for you and to take charge of complicated processes for which you lack skill and comprehension. While you do have the right to argue for yourself in IRS matters, you may find it more advantageous to allow one of the permitted representatives to assist you in your case.

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