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How to Choose a Tax Preparer There is time before the tax filing season begin and choosing a tax return preparer now allow you to consider appropriate options during your search. It also allow you time to do some wise tax planning for the rest of the year. I suggest you not look for a cheap tax preparer who can get…
Accurate record keeping is vital for your tax return examination. Your records are the original documents used to determine your income, and deductions. So how long are you required to hold on to these original documents? Are you fearful of destroying tax documents? Original documents typically should be held for three years. There are exceptions. When those…
Tax Debt No one likes tax debt or be reminded by the IRS that they have not paid their outstanding bill in full. So why do some of us position ourselves for the world’s greatest collection agency, the Internal Revenue Service (IRS) to do just that? Once in their cross hairs, you will not shake them off. Acknowledge…
