Jan 9, 2018 | Planning, Taxes
The Best Way to Avoid an Audit: Preparation Getting audited by the IRS is no fun. Some taxpayers are selected for random audits every year, but the chances of that happening to you are very small. You are much more likely to fall under the IRS’s gaze if you make...
Jan 2, 2018 | Finances, Planning, Taxes
2018 Tax Reform Congress has passed tax reform that will take effect in 2018, ushering in some of the most significant tax changes in three decades. Here are some major items in the new 2018 tax reform bill that impact individual taxpayers. Reduces income tax...
Dec 21, 2017 | Finances, Taxes
How to Handle an IRS Letter or Notice The IRS mails millions of letters to taxpayers every year for a variety of reasons. Keep the following suggestions in mind to know how to handle an IRS letter or notice. Do not panic. Simply responding will take care of most IRS...