Identifying Effective Tax Help Solutions
No one wants to go through a tax audit, but if you're a business owner in Washington, it's something you should prepare for anyway, just in case. The good news is that certain steps can help make the process as smooth as possible. Understand what the IRS usually looks...
Owing money to the IRS can often make individuals and business owners worry about their potential federal tax cases. If you live in Washington, understanding how the tax court operates and what to expect from the process can help mitigate these concerns. What is the...
The Internal Revenue Service (IRS) is a powerful entity that can strike fear in any taxpayer. With recent legislation passed to add even more agents, the bureaucracy’s influence will only continue to grow. Tax season is a stressful time with working Americans focusing...
Have you received the refund the Internal Revenue Services owes you on your 2021 taxes? While the overwhelming majority of taxpayers in Washington state have, a small percentage have not. What's more, the IRS may owe you interest on top of your refund. Many manual...
Under the current federal tax law, married people in Washington can choose to either file their taxes separately or jointly. This decision is critical because if your spouse makes an error, you can both suffer if you file together, but if you file separately, you...
The total number of audits performed on an annual basis by the IRS continues to drop. This is as true in the state of Washington as it is in the rest of the nation. While this may be good news for taxpayers, it may also come with a caveat. The number of audits...
The omnibus bill that was recently passed by Congress contained several new measures that many lawmakers would have preferred to be left out, but the fact the new laws were tagged to the continuing government funding initiative meant that some would stay in the...
Many people automatically envision an IRS audit as a highly stressful event taking place in a darkened room like something from a detective movie. Fortunately, such a stressful encounter is a rarity. In any event, it is wise for taxpayers to remain organized and take...
Whether you're a busy parent working a full-time job, a small business owner focused on operations or a real estate investor with multiple properties, paying taxes in Washington is required. Unfortunately, you can get sidelined with life's priorities and not have the...
If you have a child, you may be eligible for the child tax credit. Do you know that this credit can reduce your federal income taxes by up to $3,600 per child? If you're considering claiming this credit, there are several things to keep in mind. What is the child tax...
