Surviving an IRS audit is no simple task but for those individuals who remain calm, have their paperwork in order and above all else, act professional, the process shouldn't be particularly difficult. Horror stories of being grilled by IRS agents in ...
Filing personal income taxes is only as complicated as your personal financial situation. Most individuals don't have offshore investments or own shell companies so their taxes are relatively straightforward. Much of the work related to filing income...
Audits are used by the government take a closer look at personal and business income to verify what was reported is accurate. There are certain red flags which will increase your chances of being audited such as claiming excessive deductions or misre...
If you have your taxes prepared by H&R Block and are due a refund, you can get your money on a prepaid debit card that carries no monthly fees. Of course, getting your refund via debit card is unnecessary. But if you're in the market for a prepaid ca...
The 2010 audit rate represents an 11 percent increase over the year before and more than double the agency's pace just eight years earlier. With Uncle Sam confronting a trillion-dollar budget deficit, that pace may continue rising as the government w...
End of year tax tips are rolling in. While some are better than others for your financial situation you may discover new tips to help you out come tax time. There are many more tips available online but these are the most general and should apply to...
Here are five ways to file for free. Get tax forms here or visit your local post office. The IRS has teamed up with many commercial organizations to provide free online tax filing for individuals who meet certain financial criteria. Go to the IRS we...
It's that time of year again when the taxman wants to know how much you have earned and how much tax you owe him. Don't forget that your individual tax return has to be returned to the Internal Revenue Service (IRS) by April 15 this year, unless you ...