In an effort to tackle the national liability and overhaul the tax code, Congress has proposed a number of measures that could potentially impact millions of taxpayers. Among… Read More
Owing back taxes to the IRS can be an overwhelming and stressful situation, particularly if you're facing fines, penalties or liens. The IRS created the Fresh Start Program… Read More
Working from home can eliminate some of the stress associated with the traditional workplace but it can also lead to big headaches at tax time. While the IRS… Read More
Earlier this month, the federal government entered a sequestration period, which effectively translates to big spending cuts for certain agencies, including the IRS. While the budget cuts have… Read More
Amid worries that the country would fall off the “fiscal cliff”, Congress established a deal that would head off major government spending cuts and help the majority of… Read More
After all of the hype about the Fiscal Cliff, the House passed the American Taxpayer Relief Act of 2012 (ATRA) and President Obama signed it into law. At… Read More
The government’s plan to avert the fiscal cliff generated a sigh of relief from millions of Americans who were concerned about an immediate increase in taxes. As part… Read More
The physical destruction caused by Hurricane Sandy has left many victims struggling to recover financially. In an effort to ease some of the burden, the IRS is offering… Read More
With the fiscal cliff looming, the pressure is on for the federal government to take measures to prevent key tax increases in 2013 (see tax changes that passed… Read More
Understand what the Fiscal Cliff is, as well as what tax increases are expected and spending cuts. What you don't know is that 80% of the reduction in… Read More