Watch Out for Tax Penalties
Most taxpayers don’t intentionally incur tax penalties, but many who are penalized are simply not aware of the penalties or the possible impact on their w
Tax Central
Tax Problems
VIDEO: Shortchanging the IRS Can Lead to an Unpleasant Surprise
The consequence of cheating on your tax return can be much bigger than you thought. Learn about actions considered as cheating through this video.
Here’s What Could Happen If You Try to Short-Change the IRS
Some refer to it as “creative accounting” or just “a little fudging here and there,” but if your tax return is missing some income that
Haven’t Filed Past Returns? IRS May File One for You and It Won’t Be Pretty
There are millions of individuals who do not file a tax return each year, many of them simply because their income is below the filing threshold levels for the
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What are my odds of being audited?
To cut to the point right away, your chances are being audited by the IRS are quite slim.
What to Do If You Receive a Dreaded IRS Letter
Now that most tax refunds are deposited directly into taxpayers’ bank accounts, the dream of opening your mailbox and finding an IRS refund is all but gon
Take Two. When Should You Amend a Previously Filed Tax Return?
When should you amend a previously filed tax return?
5 Reasons to Amend a Previously Filed Tax Return
The most recent data from the IRS on individual tax returns indicates that of 131 million returns filed, about 5 million were expected to be amended. This comes
Got a Letter from the IRS?
If you have received an IRS envelope from the Internal Revenue Service (IRS) in your mailbox that does not contain a refund check, it will probably cause an inc