The Internal Revenue Service (IRS) offers some great advice on handling a letter or notice from them. The main takeaway is that whether or not you agree with the contents of the letter, you should stay calm and respond in a timely fashion. If you are unsure about where you stand as far as owing […]
How to Handle a Letter or Notice from the IRS Read More »
Unpaid payroll taxes are a serious matter to the IRS and are some of the worst kind of back taxes you can owe. If you’re a small business owner with payroll tax problem, read on to learn what you can do to avoid the IRS crippling your business or worse, shut your business down completely.
Small Business Owner: Owe Payroll Taxes? Here’s What To Do. Read More »
The IRS knows basically everything about you. The IRS knows where you live, where you work, who you’re married to, and if you’ve ever taken a latte as a business expense, where you get your coffee. Which is to say, if the IRS is looking for you, you can’t hide. So before the agency garnishes your wages
What to do if you Owe the IRS but you can’t Pay Read More »
Celebrities often get preferential treatment, but that doesn’t apply with the IRS. When you make money, you’re going to get taxed one way or another and even an army of accountants and tax professionals couldn’t save these 7 celebrities from the taxman. Before we jump into it, if you or someone you know needs help
More Money, More Problems, More Taxes. 7 Celebrities Who’ve Had Tax Problems Read More »
Taxes are getting down to the wire. Are you one of those people who has absolutely no idea how you’re going to get them done? You might want to consider filing for an extension. We asked Jennifer Dunn, Chief of Content at TaxJar, to give you the rundown on filing tax extensions as a small-business
How to File for a Tax Extension as a Small Business Owner Read More »
The IRS wants you to file a return voluntarily and on time every year. But, if you don’t file a return on time, the IRS can eventually file a return for you – it’s called a substitute for return, SFR. The IRS uses the information it has (usually information statements about your income, like Forms
Can the IRS File a Return for Me? Yes and its not Good. Read More »
