- Don’t Get Hit with IRS Underpayment Penalties
- Under federal law, taxpayers must pay taxes during the year as they earn or receive income, or they can find themselves falling victim to substantial underpayment penalties. Even worse, they may have spent the money, and when tax time comes are unable to pay their past taxes and spiral into financial distress.
- Video Reminder: An Extension to File is Not an Extension to Pay Taxes
- Taxpayers who can’t file by April 18, 2023 deadline can request an extension before that deadline, but they should know that an extension to file is not an extension to pay taxes.
- Roundup of Individual Tax Changes For 2023
- Two recently passed pieces of tax legislation have brought about several tax changes for 2023 that may affect you. The legislation includes the Inflation Reduction Act and the Secure 2.0 Act. Here is a condensed summary of those changes. Check over the list and see if any of the new rules apply to you.
- Commonly Asked Tax Questions
- Those dealing with income taxes only once a year when involved with their own personal tax return often have questions related to tax terminology. The following is a compilation of questions frequently asked by individuals:
- Video Tips: Reporting and Filing Taxes for Foreign Income
- U.S. citizens and resident aliens living abroad should know their tax obligations. Watch this video for an overview.
  |
|  |