Tax Matters - The Top Tax Defenders Blog

With the resurgence of the housing market, more people are finding it easier to buy new homes. Even so, you may hesitate to submit a mortgage application because you still owe the IRS a tax debt. Discover how unpaid taxes can impact your ability to buy a home and how lenders regard IRS debts when considering new mortgage applications.

The tax filing season creeps up on millions of taxpayers each year. As the rush of the holidays comes to an end, you have just a few weeks to spare before the new year's tax season officially gets underway. Rather than be caught off guard during this all important time of year, you can use these tips to start preparing now for the upcoming 2018 tax filing season.

The holiday season is the time for giving to friends, family members, loved ones, and others. However, it can also be the ideal time to take advantage of last minute tax deductions that could lower what you owe the IRS next year. Give yourself the gift of lower taxes by learning how to utilize holiday tax deductions to your benefit before the end of the year.

Charities throughout the country rely on donations from the public for their sustenance. If you have hesitated to give to charity in the past, you may be convinced to start when you realize that your donations could be tax deductible. Before you decide to what charities to give, you may want to learn first under what circumstances you can include donations on your tax returns.

Ride share companies like Uber are becoming increasingly popular in cities throughout the U.S. Along with providing the public with invaluable transportation services, these companies also allow people to earn lucrative incomes as drivers. 

Identity thieves continue to plague society in their quest to steal people's sensitive information. Millions of people each year find themselves victim of this time-consuming, expensive, and devastating crime. You can protect yourself now by using these important tips to protect yourself from identity theft.

Just like private citizens, business owners must file and pay their federal taxes each year. When these individuals realize that they may not be able to file on time, they have the option of requesting a tax extension from the IRS.

The IRS does not necessarily have the last word when it comes to your returns or how much money you owe the government. When you go through the appeals process, you have the right and responsibility of presenting evidence and arguing in your own best interests. You can increase the chances of winning your tax appeal by learning how this process works and what is expected of you as a taxpayer.

Strategies for Paying Fewer Taxes After Retirement 

After you retire, you no longer have the security of a regular paycheck to buoy your bank account during tight financial times. You must subsist on your pension, Social Security check, and money you have invested in the stock market.