- What are my odds of being audited?
- To cut to the point right away, your chances are being audited by the IRS are quite slim.
- What Are the Tax Advantages of Homeownership?
- Housing is a big expense for everyone. The choice generally involves either renting or purchasing – and financing that purchase with a home loan. This article explores the tax benefits and drawbacks that individuals should consider when deciding whether to buy a home.
- Watch Out for Those Fake IRS Letters
- Every year, the vast majority of taxpayers file their returns with the IRS between the end of January and the April due date. However, the IRS does not just take taxpayers’ word regarding the information on their returns. For this reason, tax season is followed by “matching season,” when the IRS attempts to match the information on each taxpayer’s return with the information from the various returns that other entities (employers, financial firms, educational institutions, the insurance marketplace, etc.) have filed. The goal is to identify possible accidental oversights and intentional omissions.
- The Checklist Every Small Business Owner Needs for New Hires
- It’s hard enough to hire the right people for your small business. Use this new hire checklist to make your onboarding process as smooth as possible.
- See the US Tax System Illustrated in One Complex Map
- The US tax system is complicated for even the most seasoned tax professionals. If you’re using the DIY route, you’re probably wasting valuable time & money.