The Tax Tip That Could Save You Hundreds

The IRS has been trying to spread the word lately on a tax deduction that could save millions of American’s hundreds – if not thousands – of dollars this tax year. So, if you haven’t filed your 2018 tax return, or even if you have already but you’re on the lookout for...

IRS Bans Travel for Serious Tax Debtors

Thinking of leaving the country, but have a large tax debt weighing on your finances? Your passport may be denied at the gate due to an IRS travel ban on serious tax offenders. Detailed under the Fixing America’s Surface Transportation Act (IR-2019, 2/27/19),...

All About IRS Payment Plans (Part Two)

With so many tax changes coming into effect this year, countless taxpayers are projected to owe far more taxes than initially expected. But just because your tax due is high doesn’t mean your stress level has to be too. If you missed it, for those facing a large tax...

All About IRS Payment Plans (Part One)

With so many tax changes coming into effect this year, it may come as a surprise to many taxpayers just how much they owe in taxes this filing season, versus receiving money on their returns. And if you’re one of the few who can’t pay their tax bill in full?...

New 1040 Form and Schedules Are Released

After much talk and a few revisions, the IRS has at last released their final, shorter version of next year’s Form 1040, and while it’s not quite as small as the boasted “postcard size”, it is a considerable simplification. A step in the right direction for 2019’s tax...

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