You checked your bank account this morning and the money is gone. Or your bank called to tell you your account has been frozen. Or you tried to use your debit card and it was declined — not because you’re out of money, but because the IRS levied your bank account. If this has happened […]
You are a business owner. You built something. You have employees who depend on you, vendors who count on your business, and a community you serve. And right now, you are in trouble. The economy has been brutal. Costs went up. Revenue got unpredictable. You started making impossible choices — which bills to pay, which […]
“I can’t pay my taxes.” It happens more often than you might think. You sit down to file your tax return — or your accountant calls — and the number staring back at you is not what you expected. Maybe you had a good year and didn’t set enough aside. Maybe you had a side […]
The IRS requires you to report all your income to them. But, they don’t take your word for it. This is especially true of large business cash transactions. Why? Because they are looking for criminal money laundering. Large cash transactions are one of the signs of money laundering. Penalties for Failure to File IRS Form […]
Whether you gamble all the time or only once in a blue moon, you are filled with hope and excitement every time you walk through those casino doors. If you have been gambling for even a little while, you already know that Lady Luck can be a fickle partner. Sometimes the gods of the casino […]
You may have heard on the radio, TV, and online that you can settle your tax bill for less than what you owe. But are these claims true? And, can you really settle your tax debt without hurting yourself in the long run? Some of these national tax resolution firms you hear advertising offer very […]
Being an adult has its perks, from being able to rent a car and book a hotel room to the chance to earn a living and rent an apartment. But life as an adult also comes with some challenges, including the burden of filing and paying taxes. If this year is the first time you […]