Tax season is the definition of stressful for many folks. This time does not have to be filled with confusion and dread. Turn to the best tax lawyers in your area and be sure to ask them about the following topics. 1. Business Deductions It’s...
You’ve probably heard that someone’s wages are deducted as a result of them owing money to the government. Those deductions are known as wage levies. Unsurprisingly, matters can become very complicated when the government starts...
Most people don’t really enjoy paying taxes. While it’s a necessary – and mandated – part of life, it’s still a burden for some since it deducts money from their paychecks, and it can represent a lump sum paid during...
You are legally required to file an IRS tax return if you meet certain income or dividend requirements. If you have not done so, you may be facing potential penalties or even criminal offenses. According to the IRS, their fiscal year runs from...
If you earn income, you must file tax returns every year. April 15th is the traditional deadline for filing tax returns, but that deadline sometimes is moved back a day or two. If you have unfiled tax returns, you cannot get a refund until...
According to the IRS, any small business that has annual gross receipts that are less than $25 million over a three-year period is able to use the cash method of accounting per a new tax law introduced in 2018. Tax attorneys provide business...
As tax time approaches, it’s important to understand as much as you can about taxes and the IRS. Something you should be aware of is the tax lien. The IRS can file such a lien against you when you haven’t paid owed taxes. By...
If you’re wondering how to stop a levy on your bank account, then you may have already received a notice from the IRS. Don’t panic. While this can be a stressful situation, there are steps you can take to protect your assets with help...
Battling the IRS isn’t always easy, but it can yield results. There were 119,853,012 individual tax refunds made in 2017 alone, according to CNN. The right tax lawyer can help you get out from underneath tax debt and get on with your...
A tax attorney is a lawyer that focuses on tax law. They can be accommodating in certain situations, like when your tax liability debt is over $100,000 or when you have a business. When should you hire a tax attorney to file your taxes?...
When it comes to tax season, there are a lot of questions that come up, perhaps asking about what to do, what forms to fill out, and how best to manage the process. That’s where the best tax attorneys come in. They are a resource for...
There are many tax laws constantly changing every year. For instance, the additional standard deduction for blind people and senior citizens will be $1,500 for married households and $1,850 for single households in 2023, according to Go Banking...
