Life is full of changes of which may include a change in marital status. You may have gotten married or divorced. Regardless of which one, there are a few tax implications that you should keep in mind and make sure you have them completed in the year the change occurred. Name Change: This may not…
Tax professionals have varying levels of skills, education and expertise. Furthermore, not all tax professionals have the right to represent taxpayers before the IRS, such as during an audit. Taxpayers should be aware of the credentials, qualifications and extent of service each prospective professional provides before obtaining their service. Enrolled agents, certified public accountants and…
Everyone has certain, undeniable rights. That includes you, the Taxpayer. Below is what is known as the Taxpayer Bill of Rights. This outlines the information that the taxpayer has the right to. This helpful guide was created by the Taxpayer Advocate service. The Taxpayer Advocate Service (TAS) is your voice at the IRS. An independent organization…
Every year we treat April 15th like it’s the end of the world, and why? It’s because we have to pay our taxes. Some of us don’t mind having to do so. Others either don’t want to or like to do so. Are you on the fence or trying to avoid the inevitable? Well, maybe…