Internal Revenue Service Audits

Pick your favorite scary movie. It could be the first Alien or something else. No matter how scary they were, nothing is scarier than an audit by the Internal Revenue Service.

Tax Tips for the One Man (Woman) Business

Running a one-person business? Tired of the huge hit you take at tax time? Want to save money on your accounting and taxes? Consider these simple tips and tricks...

Congressional Democrats and Republicans Talk Taxes

The Democrats are pointing at the Republicans, and they are pointing back. Both sides of Congress took their turns portraying the other party of wanting to boost taxes for middle class American taxpayers.

Keep Taxes Low and Continue Economic Vitality

Businesses are efficient because that efficiency means more profit. More profit in a business means that there is more money to invest in the company and more money to pay employees. More employees making more money means that more people are paying into the system and that increases the tax rolls for the United States government.

Dealing with Scam Artist Pretending To Be IRS Debt Collectors

In 2004, the IRS was given the authority to use third party debt collectors to hunt down taxes owed by delinquent taxpayers. Scam artists knew an opportunity when they saw one.

Prepare Your Taxes Online and Get Your Refund Fast

Join the millions of people who have discovered how easy, online tax filing can be. The cost will be much less, your tax forms will get to the IRS with no hand-written errors, and you will get your tax refund in as little as 10 days.

Expired Tax Cuts Get Another Chance

Senate Finance Committee Chairman Chuck Grassley is urging fellow Senators to quickly pass a series of expired tax cuts. Grassley says that without the legislation, taxpayers will face confusion and compliance problems.

IRS and California To Crackdown On Options Backdating Together

The IRS has joined with California's local stock options backdating task force to investigate alleged backdating of stock options iwth an intent to defraud.

Grassley Pushes For Change To Executive Pay Tax Laws

Senate Finance Chairman Chuck Grassley said on Wednesday that he will continue to examine whether the tax policy that appears to encourage backdating needs to be changed.

What Are The Advantages Of A Rental Property Tax Deduction?

So many advantages are available to those who are working as a landlord on rental property in the form of the rental property tax deduction. Rent, payment to cancel a lease, expenses paid by the renter and many other things can be part of the amounts you can claim under the tax deduction. Find out more...

Why You Would Want To Apply For A Mobile Home Tax Deduction?

Just because your home is on wheels doesn't mean you can't take advantage of tax deductions such as the mobile home tax deduction. In fact as long as you pay taxes to the local government of the area in which you have parked your home you can qualify easily for the tax reduction. Find out more...

IRS Sets Telephone Tax Refund Amounts

In a recent decision, a federal court overturned a telephone tax that has been charged for years. Given the result, the IRS has decided to issue refunds for past collected taxes.

IRS Fast Track Settlement Program For Businesses

The tax code is insanely complex. If you are a business having a dispute with the IRS, the fast track settlement program may present you with an option for resolving it quickly.

Child Tax Deduction - Learn How You Can Make the Cut

If you own your business and you have children between the ages of seven and seventeen you could use child tax deduction laws to get the most out of employing your children. Yes, having your children work for you could actually save you money in your taxes! Find out more...

Why Would You Want To Use Tax Deduction Software?

With all the options in tax deduction software it is hard to distinguish which ones are offering the best deals. A lot software is web-based, but there are still a few that can be loaded onto your personal computer. Find out more...