Ten IRS Audit Red Flags for Self-Employed Individuals
There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...
Be Sure to Claim All Your Tax Credits to Get the Largest Tax Refund Possible
Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...
JD Supra12d
The Potential Tax Impact of Foreign Investments
A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign ...
Forbes20d
40% Transfer Tax: IRS Final Say On Foreign Gifts, Bequests From ‘Covered Expatriates’
If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.
NBC New York21d
Here's when the IRS says you can start filing your taxes this year
The 2025 tax filing season will begin Monday, Jan. 27, the Internal Revenue Service announced earlier this month. The agency said in a statement it expects more than 140 million individual tax ...
Kiplinger26d
Types of Income the IRS Doesn't Tax: What to Know for 2025
A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...
CBS News27d
Who qualifies for the IRS hardship program?
Dealing with delinquent tax debt may be one of the most stressful financial challenges a person can encounter. After all, between the mounting penalties, the Internal Revenue Service (IRS ...