The calendar confirms the suspicion: Yes, the deadline for filing your federal income tax returns has long passed. The old adage that it is better late than never applies here.
Read MoreWhen the Internal Revenue Service sends you a bill outlining the back taxes you owe, plus interest and penalties, it might seem as if you have no choice but to find a way to pay in full. While it might seem that way, there are circumstances in which...
Read MoreThe deadline for filing your federal income tax return with the Internal Revenue Service has passed. It’s a time of year in which sighs of relief are heard across the nation – unless, of course, you are one of the people who did not meet the...
Read MoreThere is little doubt that few people would want to fly on an airline owned by the Internal Revenue Service. No bag of peanuts could be worth that. While we don't know of any plans for the IRS to take to the skies, we do know that there are plans...
Read MoreThe list of government departments and agencies reads like a list of who's who in our nation's capital: the Centers for Disease Control and Prevention sits at the very top with favorability ratings any presidential candidate would covet. Below the...
Read MoreOther than the military, the Internal Revenue Service is probably the most feared part of the federal government. When the IRS decides you are behind in paying taxes, it can be like the ultimate debt collector, with the power to take your assets and...
Read MoreThe way this headline set off alarms among angry U.S. taxpayers, it might as well have been written in fire. "Report: 1,580 IRS workers evaded taxes over 10-year period." That's what the Associated Press stated, setting tempers ablaze across the...
Read MoreBusiness owners must often hire accountants and other tax professionals to provide financial advice and to prepare and file tax-related documents. Those who choose to handle complex financial and tax matters on their own run the risk of making...
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