What is The IRS First-Time Penalty Abatement: How Does It Works? individuals irs tax tips

If you owe any amount of money to the IRS, I'm pretty certain there would be penalties included in the tax-due amount. These penalties can add up, sometimes even doubling the amount due.

In this blog post, I'm going to share a little-known secret to getting those penalties abated with a simple...

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5 Tax Misconceptions You're Getting Wrong individuals tax tips taxes

Did you know that some of the most common things people believe about taxes is actually wrong?

I'm a CPA and I've been unraveling the complexities of taxes for decades. Today, I'm going to share my top five misconceptions about taxes that might just surprise you.

Whether you're a tax pro who...

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Top 5 Tax Filing Mistakes You Must Avoid: Expert Tips for 2023 individuals irs tax tips taxes

Today, I have a good story for you. It’s about a young professional named, Karen, who thought she had taxes all figured out  until tax season rolled around. Her mistakes were a bit costly, but they're also incredibly common.

Karen was doing well, living her best life. She had just...

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Is Your State Offering Free IRS Tax Filing? Find Out If You're Among the Lucky 13! individuals irs taxes

Today, we've got some exciting news that could make tax season a little less stressful for many Americans. The IRS is planning to test a free online tax system in 13 states this upcoming tax season. It’s called the Direct File program. Let's dive into the details!

What is the Direct File...

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Why Doesn't the IRS Just Send You a Bill for Your Taxes? individuals irs taxes

A user on Reddit asks a very good question...

Why doesn't the IRS just send you a bill stating how much you owe?

Now that’s a great question.

Why doesn’t the IRS just send you a bill for what you owe? After all, they have all of your tax documents showing the income you earned...

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Why You Should Always File Your Income Tax Return individuals irs tax tips

As a tax professional for many years, my advice is to always file your tax returns. I know that seems obvious. But sometimes life happens and we find ourselves falling behind with lots of important stuff especially filing your taxes.

In this blog post, I’ll share a story about a friend of...

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What If You Can't Pay IRS Taxes? individuals irs side hustle taxes

A question that comes up quite frequently is, what should you do if you can’t pay your taxes or if you can’t pay your taxes on time? It’s a great question, it’s actually a common question, and whatever you do, don’t panic.

In this article, I’ll share some...

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10 Tax Mistakes You Must Avoid! individuals tax tips

Tax laws are complicated, but the most common tax return errors are surprisingly - simple things that I want to help you avoid.

In this blog post, I’ll cover the top 10 common tax filing mistakes according to the IRS. That can cost YOU, the taxpayer, valuable time and precious money.

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