You may have recently received an email with the following Subject: “Warning for all TaxPayers”. I know I did just last week. The message was short and scary. “The IRS is planning to Seize the Assets of 1000s of Americans who owe Back Taxes. If you owe back taxes, Click Here for help immediately.” [...]

Recently we posted on our Facebook page about National Bike to Work Day and the tax break available for biking to work through the Bicycle Commuter Benefit Act. Many of you that follow us on Facebook, and even some of you that don’t, may be wondering how exactly these bicyclists tax benefits can be obtained. [...]

If you’ve ever needed to get a loan, I’m sure you can imagine how nice it would be to get it with zero percent interest. I’m sure, too, that you know that this kind of offer is rare. Even student loans, which traditionally offer lower interest rates than standard loans, are far from being interest-free. [...]

You’ve met the partner of your dreams and now you’re flipping through bridal magazines preparing for the big day. You’ll need a white dress, a venue for the ceremony and the reception, to pick a bridesmaid and best man… and you can’t forget about the honeymoon! But are wedding expenses tax deductible? […]

Tax Day has come and gone and hopefully you’ve used your tax records to file your taxes and you can safely put all of tax year 2012 behind you. Chances are you’re relieved the whole return process if finally over. Perhaps you’ll even celebrate by taking advantage of a free massage this week courtesy of [...]

Higher taxes? Amid constant news chatter about sequestration and the looming cuts, the stock market rose to an all-time high and the employment rate appears to have dramatically improved. Everything is getting better! Even if the economy does manage to be on the upturn even after sequestration (and according to a Gallup poll, many Americans [...]

Once Upon a Time, there was no such thing as an independent contractor. Then, in a down economy, many of the out-of-work and cash-strapped began to look for alternative forms of employment. At the same time, employers looked for alternative (read cheaper) ways to employ. These two employment soul mates met in the middle with [...]

Although the financial analysis guidelines used to determine eligibility for the IRS Fresh Start program drew significant criticism from the tax payer advocate dept. Its original concept was to grant financially distressed taxpayers an opportunity for settlement on back taxes owed. However with the onslaught of offers being submitted to IRS, it would take 12 [...]

One of the worst things anyone can do when receiving an IRS audit letter is to ignore it. IRS will inevitably follow through with their proposed assessments if not contested. Tax Doctor Dean Michael recommends professional representation for all examination inquiries. […]

(CNNMoney) — The dreaded process of getting an audit could soon take place over a computer screen in the comfort of your living room. In what could be an indication of things to come, the IRS launched a pilot program at the end of last year that allows taxpayers to use two-way video conferencing for [...]