IRS Quashes Rumors of Delayed Tax Deadlines - Adds To Apprehension of 2015 Tax Season
There was speculation after Congress passed a tax-extender bill in late December 2014 near the end of its session that in combination with budgetary cutbacks the legislation might delay taxpayer filings and Internal Revenue Service (IRS) processing. In a December 18 press conference, IRS Commissioner John Koskinen warned that... ...read full post
Despite Defunding, No Delays For Tax Deadlines for 2015
The rumor mill was abuzz, but alas, it was all just rumor. The Internal Revenue Service will not be issuing an emergency tax deadline extension in 2015, although there was talk of a possibility earlier in the year. The IRS announced in December 2014 that it would begin accepting tax... ...read full post
2015 Tax Law Changes You Need To Know About
Tax laws are constantly changing. It is important for you to take note of these changes when you are doing your taxes. Below is a list of some of the 2015 tax law changes that you will need to know about:
Health Insurance Penalty
The Affordable Care Act requires that every person... ...read full post
Learn What Happens When You Do Not File Your Federal Taxes
What actually happens to Americans who either forget or flat out refuse to file their taxes?
Have you ever wondered what will happen if you forget or simply refuse to file your taxes? The answer to that question is quite simple. Nothing good comes from not filing your taxes.
To state it... ...read full post
When Should You Hire An Attorney For IRS Debt Settlement?
One of the last things anyone wants to go through is an extensive legal battle with the IRS, but unfortunately this is an all too common occurrence. The U.S. tax system is complex and can be difficult to navigate. Because of the complexity of the tax system, people often find... ...read full post