Are UNEMPLOYMENT BENEFITS Taxable or not?

Are UNEMPLOYMENT BENEFITS Taxable or not?

The American Rescue Act has retroactively made unemployment income up to $10,200 TAX FREE. If you have already filed your tax return and claimed your unemployment income, you need to amend your return. Watch this video directly from Dan Pilla to learn more about the...
FIVE THINGS TO DO BEFORE TAX DAY

FIVE THINGS TO DO BEFORE TAX DAY

Strategies to Cut Taxes and Avoid Hassle  To help reduce the pain of tax filing season, I’ve marshaled a list of five critical things to keep in mind as the day of reckoning bears down. Let’s just go down the list. Get the proper records for your charitable...
BEWARE of “IRS” Phone Scams

BEWARE of “IRS” Phone Scams

According to a June 25 report from the Treasury Inspector General for Tax Administration, the watchdog agency gets roughly 12,000 calls a week to its fraud hotline. The reason, says Inspector General Russell George, is because of the “largest, most pervasive IRS...
ESSENTIAL TAX AUDIT RIGHTS

ESSENTIAL TAX AUDIT RIGHTS

Strategies to Cut Taxes and Avoid Hassle To help reduce the pain of tax filing season, I’ve marshaled a list of five critical things to keep in mind as the day of reckoning bears down. Let’s just go down the list. Get the proper records for your charitable...