We are less than four months away from the April tax deadline and many taxpayers are planning for tax season and preparing necessary documents and paperwork. While everyone dreads receiving an IRS letter after the April 15 tax deadline, it's wise to...

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According to the Internal Revenue Service's website, in 2012, the agency received a total of 144,928,472 tax return documents. Given the significant number of tax returns filed each year, it's seems crazy to think that the IRS would be able to...

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There are multiple reasons why someone may not file a tax return by the date it is due. Sometimes it’s the result of procrastination. In other situations, a person may avoid doing it because they owe money and are unsure of how to cover that...

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When it comes to paying taxes and dealing with the Internal Revenue Service, many people assume they are powerless. While nearly everyone in the U.S. must pay some type of taxes, taxpayers who dispute the amount of a tax bill or question certain...

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We've previously discussed how complex and confusing tax laws and regulations can be. As a result, many people who attempt to complete and file their own tax documents make mistakes. Tax errors related to earned income totals are common and when the...

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When it comes to some celebrities, the phrase more money, more problems seems to definitely apply. The IRS doesn't care who you are or how famous you are. If the federal government believes you owe it money, it will take action to recoup the amount...

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We've previously discussed some of the red flag actions, or inactions, that are likely to get the IRS's attention. For small business owners, tax obligations are not only financially burdensome, but also confusing leading some to make costly tax...

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