Category: Tax return

Thursday, February 22, 2018

New Tax Reform Will Make Divorces Even Messier Due to Alimony Tax

Right when you thought divorces couldn’t get any worse in this country… Turns out, the new tax reform is going to make the divorce process even tougher. “Why?” you may wonder. In order to answer this question, it’s important to understand that the most difficult part about a divorce is figuring out...Read more
Thursday, July 20, 2017

Why was your tax refund delayed?

Everyone likes getting a big tax refund. If your are that lucky to get one but you are experiencing a delay, be patient. It should take about three weeks max but in some cases some factors may have contributed to the prolonged tardiness. If you don’t want to wait that long, you should inquire about what’s holding...Read more
Friday, June 9, 2017

Freelancers can also Take Tax Breaks

Although the  self-employed lifestyle may seem amazing at first, your tax preparation  burdens can increase over time. There is a long list of deductions you need to be familiar with in order to get the most out of your tax preparation experience. Some of these deductions aren’t that obvious and you may wanna ask...Read more
Thursday, May 18, 2017

IRS Hires Debt Collectors to Recover Back Taxes

For years, we have heard the IRS claim it will not make harassing phone calls to people who owe back taxes. Although the Fair Debt Collection Act prohibits such practices, a new law passed by Congress last year has given the IRS the power to hire private debt collectors to notify people by phone. But it is important...Read more