Learn how to determine if your company's workers are employees or independent contractors to keep your business out of trouble with the IRS.
Restaurants are rethinking the way they add gratuities automatically for large groups, after the IRS said it will begin taxing them as service charges instead of tips.
Lately we have been hearing more about crowdfunding and the unexpected tax consequences that can arise when funds are disbursed.
The Internal Revenue Service has some important information for those who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may be able to exclude all or part of that gain from your income.Read more →
The Internal Revenue Service has gotten much leaner lately.
If the IRS owes you money and you want it quickly, file an electronic return.
With the latest IRS data, our tool lets you compare your income and how much taxes you pay to your fellow taxpayers.
The Internal Revenue Service enjoys ample room for improvement on a number of issues, according to tax practitioners asked about the agencys biggest challenges.
Many people are unaware that the IRS has a “hardship status,” Meaning your account is currently not collectible if levy action will create a hardship.
The IRS recently released security tips that individuals and businesses should consider when filing important tax information online.
The difference between an employee & a contractor: The IRS takes this distinction seriously, and there can be issues if you don’t follow guidelines.
Changes in IRS policies in response to identity theft make tax season more confusing
The IRS data breach is worse than originally expected.
Determining whether an individual is an employee or independent contractor is important for compliance with tax requirements as well as wage and hour laws and regulations. The IRS provides helpful guidelines to make the determination for tax purposes. Here is what business owners need to know.
This article discusses how a company can keep itself out of trouble with the IRS with regards to employee vs independent contract rules.
A skilled tax attorney can help you avoid the dangerous tricks and traps in dealing with the IRS. Most people think they have to give the IRS everything they...
This article discusses the importance of properly classifying workers for your business. It discusses what the IRS is doing to insure compliance and the ramifications of improperly classifying workers.
IRS and Other Asset Levies Explained Falling behind on your debts is never a fun place to be. It’s less fun when a levy is placed on your assets. In this article, we take a look at what an IRS levy is, why it happens, and what you can do about it. Note: If you …
The IRS audited just 1% of all individual tax returns last year, but if you want to remain in the 99% watch out for some of these problems on your return.
The IRS's rules for required withdrawals from retirement accounts could provide a framework for retirees trying to calculate how much of their savings they can safely withdraw every year.