Tag Archives: taxes

Ways to Get Paid

While there are many ways to pay the IRS, there are only a few methods to get money out of the IRS. The first method, direct deposit, is the most popular and most-favored by taxpayers.  It is a free service … Continue reading

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Your Shopping Habit is NOT Tax Deductible

While it may seem that the clothes you have to wear to work every day should be allowed as an unreimbursed employee business expense, more than likely the IRS is going to tell you no. There are strict guidelines that … Continue reading

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Protecting Americans from Tax Hikes

The IRS will be implementing new plans for processing tax returns for the 2017 filing season. The Protecting Americans from Tax Hike Act will no longer allow the IRS to issue credit or refunds to early filing tax payers if … Continue reading

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Taxing Women

States and cities across the country are finally coming to terms with the fact that feminine hygiene products are a necessity for women and are passing legislation to get rid of sales tax surrounding these items. The California Assembly Bill … Continue reading

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Tax Break for College Students

College students are always looking to save money in any way they can, especially when it comes to taxes. Fortunately for them, Uncle Sam gives them two potential credits, the American Opportunity Credit and the Lifetime Learning Credit, in order … Continue reading

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Missouri Use Tax

Be careful what you buy on Amazon and other online stores! All tangible personal property that you store, use, or consume in the state of Missouri is subject to a use tax. It does not apply, however, to goods that … Continue reading

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Judges Have to Pay Their Taxes Too

A former U.S. Tax Court Judge and her husband have been indicted for obstructing an IRS audit and conspiracy to evade taxes of more than $400,000. It was found that for part of her term, Diane Kroupa and her husband … Continue reading

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Go for the Big Gulp, Stay for the Tax Payments

The IRS is now offering one more way to pay your taxes – the local 7-Eleven. Individual taxpayers can elect to pay their balance in cash through OfficialPayments.com and PayNearMe. After following a few short steps, the taxpayer will be … Continue reading

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Ways to Pay

There are a few different ways to pay the IRS. The IRS Direct Pay allows you to have your tax bill deducted directly out of your checking or savings account.  There is no charge for this option. The IRS also … Continue reading

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Offer-in-Compromise

An Offer-in-Compromise is an agreement between the IRS and the taxpayer that settles the taxpayer’s tax debt and allows the taxpayer to pay less than the full amount that is owed.  Whenever you watch TV and you see a commercial … Continue reading

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