Chrisley’s Bank and Tax Fraud Ended With Them in Jail
In November 2022, the Chrisleys finished out a trial that would see them sentenced to 12 years for Todd and seven years for Julie. Full story.
Taxes
As difficult as losing your job can be, don’t forget about the income tax implications.
There are still steps that you can take today to save money on your taxes in the event that you’ve been laid off.
The Tax Consequences of Closing Your Small Business
Just as was true with starting a business, closing a small business brings with it some essential tax implications that you need to be aware of in the coming year.
The IRS Is Sending Out Reminder Letters
More than 9 million individuals and families who appear to qualify for a variety of key tax benefits but did not claim them by filing an income tax return are being contacted by the Internal Revenue Service.
Inflation Reduces Income Tax
Learn more about the IRS’ recently released inflation adjustments for 2023.
What Is an Offer in Compromise?
The Three Steps to Applying for an Offer in Compromise. Learn More.
Video Tips: Improperly Forgiven PPP Loans Are Now Taxable
When a PPP loan is forgiven based upon misrepresentations or omissions, it is not eligible for income exclusion and must be included in the tax return.
Video Tips: Missing Out On Your Tax Refunds?
Many taxpayers forfeit sizable tax refunds because they are not required to file a tax return. If you have skipped filing tax returns in the last few years, watch this video to see what you may be missing out on.
IRS Providing Penalty Relief to 1.6 Million Taxpayers
To help struggling taxpayers affected by the COVID-19 pandemic, the IRS has issued a notice, which provides penalty relief to most people and businesses who file or filed certain 2019 or 2020 returns late.
Life Changing Events Can Impact Your Taxes
Throughout your life there will be certain significant occasions that will impact not only your day-to-day living but also your taxes.