When people think about employment and paying taxes, they often think payroll taxes and other types of taxes deducted from a worker's salary by an employer. This would certainly be a pretty good representation for people who work a regular job for a traditional...
Month: August 2016
What’s the big deal with audits?
Tax audits have been making headlines in recent week in light of the presidential debates. For instance, people have been discussing candidate Donald Trump's explanation that he cannot release his tax returns because he is currently being audited. This has led to...
Taking responsibility for tax mistakes someone else makes
Filing your own taxes can be fairly simple for some people. For others who have complicated employment tax structures, multiple incomes sources, investments, properties, significant deductions and/or businesses to report, it can be all but impossible to do their own...
If I file bankruptcy, will my tax debts be discharged?
These days, millions of Americans are struggling with debt, from credit card debt to mounting medical bills. This debt can grow very quickly and make it all but impossible to keep up with regular payments, which leads to penalties which only makes the situation worse....
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