Scams & Alerts

When and How to Hire Tax Help

Professional tax help is engaged for various reasons, including tax debt resolution, tax preparation, tax evasion resolution, etc. It is advisable to seek professional tax help for complicated tax problems that require expert preparation, representation and negotiation with the IRS; and taxpayers must ensure that they hire the right tax professional. Why Get Tax Help…

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Tax Documents and Receipts: Which Matter and Which Don’t

Though we are constantly reminded of the importance of keeping every receipt of every expenditure and gain for tax purposes, many times we forget or grow careless. The IRS requires proof for everything you claim on your tax return. Even though it may be time consuming or difficult, there are certain documents that you must…

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Tax Fraud Alert for Tax Season

During the tax season, tax scammers have the opportunity to file fraudulent tax returns on taxpayers’ behalf to receive huge refunds. They file thousands of false tax returns using the stolen Social Security Number, name, and other tax details of taxpayers. Their success rate is high. This is the time when taxpayers are the most…

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Same-Sex Couples This Tax Season

Married same-sex couples will need to do a little more to file their tax returns this tax season than their straight counterparts. Many same-sex couples that are also required to file state taxes will need to prepare three tax returns: one for the IRS, one for the state and another pro forma or ‘dummy’ tax…

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Avoiding Tax Debt & its Resolution

Many times, taxpayers find themselves in tax debt because of the inaccuracies on their tax returns. Understatement of income, intentional or unintentional, alerts the IRS to the possibility of tax fraud. Therefore, taxpayers should double check their income figures and calculations before filing the return to ensure that they do not face any complications later….

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File Early to Avoid Tax Fraud

The tax season is starting late this year due to the government shutdown, which gives taxpayers more time to prepare their taxes. It is beneficial to file taxes early for many reasons. Not only do you avoid the last-minute rush, but you also minimize chances of becoming a victim of tax fraud. Tax fraud is…

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Important Steps of Tax Debt Resolution

Getting current with taxes must be a priority for those under tax debt because of the penalties and interest that increase the tax debt amount substantially over time. Tax debt resolution might seem complex and difficult, but if you use the right methods of resolution from the beginning, you will find that resolution can be…

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What to Expect in Taxes from 2014

Preparing taxes is never pretty and never easy. With the constant adjustments of tax credits and deductions, and the ever changing qualifying factors for tax breaks, tax preparation is hard work. The new year brings with it many changes in how taxes are assessed. Even if you do not prepare taxes yourself, important to note…

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Choosing Tax Resolution Services That Give Results

With the tax season opening on January 31st, many taxpayers will be preparing their tax returns this month. Taxpayers that owe past years’ taxes to the government should seek to resolve the tax debt so that they can get current with their taxes. Most taxpayers find it difficult to resolve a tax debt on their…

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Married Same-Sex Couples May Need to File Multiple Tax Returns

There is much confusion surrounding how same-sex couples will pay their taxes this year. To add to that, the Department of Revenue has given a directive that each same-sex spouse will need to prepare a “pro forma” federal tax return to determine state liability. That means preparing and filing more than one tax return. Charlotte…

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