Moving mid-year can change your federal, state, and local tax withholding. Adjusting withholding promptly...
An IRS notice that your income doesn’t match their records means a reported-income discrepancy flagged...
Managing Alternative Minimum Tax (AMT) risks helps high‑income earners and business owners avoid unexpected...
Voluntary disclosure of prior-year errors is a proactive process of correcting earlier tax returns to...
Properly classifying income (wages, self‑employment, passive, portfolio) determines tax rates, reporting...
Federal tax credits directly reduce the tax you owe, while deductions lower the income that’s taxed....
Data matching is the IRS and states comparing third‑party reports (W‑2s, 1099s, bank reports) to your...
Strong recordkeeping gives you credible support for income, deductions, and credits. Organized records...
Record retention rules tell individuals and businesses how long to keep tax and financial records to...
Many taxpayers rely on myths about the Internal Revenue Service that can lead to missed refunds, unnecessary...