If you rent out your vacation home or investment property, you’ll need to report the income to the IRS. For Airbnb Owners and other income-producing property owners, here’s what you’ll owe and how you can lower your tax bill. What A...
Refunds have been rolling in since February, have you received yours? Whether it’s just hit your bank account or you’re still waiting patiently, check out our tips below on how to put your refund to good use, no matter your financial footing. 5 W...
As business owners, you may have taken this credit before. But starting in 2016, the IRS is changing up the rules for an even bigger benefit. The IRS created the research tax credit, or R&D tax credit, in 1981 to stimulate the economy and incenti...
If you’re a small business owner or self employed and find yourself in the predicament of a tax dispute, you’re in luck. The IRS has unleashed a new program to fast track resolutions to tax disputes. Handling Tax Disputes The program comes after ...
If you need an extension to file your business tax return, we have good news: the IRS has posted a revised version of the form you need, Form 7004. This update reflects the new option to make the extension an automatic 6-month stress relief. Updates ...
Wage garnishment – the last resort for debt collectors and cause for a great deal of panic by those affected. You may be far behind in credit card bills, child support, or alimony (more on that below), and need a solution, fast. Read below for ...
Happy 2017! We’re firm believers in never too early, never too prepared for the 2017 tax season. And January is the prime time to start. In addition to getting back to the gym regularly, make getting your taxes in order (and filing early!) a resolu...
Scholarships are free money for college, right? Well, the IRS may see it differently. They must meet certain requirements to be tax-free. Read below to know what to report! Scholarships, Defined Scholarships are monetary amounts paid to students stri...