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Archives for November 2021

4 Common Tax Return Mistakes that could Get You in Trouble with the IRS

November 8, 2021 by Douglas Dick

As the tax-filing season unfolds, many taxpayers are taking the bull by the horns and doing their own taxes. Though it may seem like good news for the individual taxpayer, it’s important to watch out for common tax filing mistakes. Tax preparation software makes some errors like addition and subtraction blunders less likely, but even the best software cannot […]

Filed Under: How to Pay Less Than You Owe Tagged With: tax preparation, tax return mistakes

Which Tax Records to Keep and For How Long. Do This and Avoid Tax Problems Later.

November 8, 2021 by Douglas Dick

Whether you are expecting a nice tax refund or preparing to write a big scary check, you know that April 15 is the annual tax filing deadline. What you may not know, however, is that Tax Day is every day at the IRS, and the tax agency is always reviewing the information taxpayers and business owners have provided. That […]

Filed Under: How to Pay Less Than You Owe Tagged With: tax records

Does the IRS Disagree with Your Income Figures? 7 Critical Steps to Take Next

November 8, 2021 by Douglas Dick

It is one of the scariest things that can befall a taxpayer – the dreaded notice from the IRS stating you owe them more money you can’t pay. When you open up the mailbox and see the return address of the tax agency staring back at you, your heart is bound to skip a beat (or two). Few […]

Filed Under: How to Pay Less Than You Owe Tagged With: tax problems, tax resolution

3 Tips for Finding a Qualified Tax Resolution Firm

November 8, 2021 by Douglas Dick

Given how high the stakes are, it is surprising how little thought many people give to their taxes. All too often, individuals simply walk into a neighborhood storefront, hand over their most personal information and trust the person on the other side of the desk to do the right thing and prepare their taxes properly. […]

Filed Under: How to Pay Less Than You Owe Tagged With: tax problems, tax resolution

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