Amazon and Kindle News

It is very important to do your own analysis before making any investment based on your own personal circumstances and consult with your own investment, financial, tax and legal advisers. Read More

Here are the top tax scams of 2024

The deadline to file taxes is coming up quickly on April 15. Meanwhile the threat of IRS- and tax-related scams is as high as ever. A recent study from online protection company McAfee found ... Read More

Tax Preparation

It is very important to do your own analysis before making any investment based on your own personal circumstances and consult with your own investment, financial, tax and legal advisers. Read More

The average tax refund is more than $130 larger than it was in 2023 -- here's why

To date, refunds for tax year 2023 are tracking higher than they were in 2022. As of April 5, 2024, the IRS received about 102 million returns and refunded roughly $201 billion to U.S. taxpayers. Read More

For 'Jeopardy!' Big Winner, IRS Wins Big Taxes Too

And if you go on a show that awards prizes, even if you don’t win cash, the goods that you receive are taxable too. You’ll have to pay tax on their fair market value, including goods ... Read More

Optima Tax Relief Reviews

Founded in 2011, Optima Tax Relief is a full-service tax resolution firm for individuals and small business owners struggling with IRS or state tax burdens. The company specializes in complex ... Read More

What Really Happens During an IRS Tax Audit

You may picture a tax audit like a scene in the movies: IRS agents in dark suits show up at your door and sift through boxes of papers. Instead, most tax audits are much less dramatic. They ... Read More

Will You Get a Bonus Tax Refund From the IRS?

When the coronavirus pandemic hit in 2020, it upended tax season for filers and ... unprecedented time,” Chuck Rettig, IRS commissioner, said in a news release. “This penalty relief will ... Read More

Consumer / Employer

One year after the Medicaid continuous enrollment provision ended, 19.2 million people have been disenrolled from Medicaid, according to KFF. This is higher than many expected, and experts have ... Read More

Here's What Happens at the IRS After You File Your Taxes

“Keep in mind that you will not see a refund date until the IRS finishes processing and approves your tax refund,” Lisa Greene-Lewis, certified public accountant and tax expert with ... Read More

Do IRS Agents Really Need Guns?

went on Fox News a couple of weeks ago and lambasted the IRS for spending money on guns. He tried to make the point that all they really need to process our tax returns is a simple calculator. Read More

IRS Announces Opening Of E-Filing—Are You Ready?

I cover individual tax issues and IRS developments ... which is truly welcome news for tax professionals and their clients. Taxpayers using a professional to prepare their tax returns should ... Read More