From the 'Taxation' Category:

IRS Data Breach Just Got Even Bigger!

A few months ago we notified you of the data breach at the IRS that exposed approximately 100,000 taxpayers private and confidential information. The IRS has now confessed that there are at least another […]

Tips For Taxes….On Soda?

All it takes is a quick glance at your Facebook or Twitter feed to know that we are a nation obsessed with eating. There seem to be endless posts of gourmet meals, tips on […]

The Beanie Baby Fortune Is Safe

In the early 1990’s, toy company Ty Warner, Inc. began producing tiny stuffed animals known as beanie babies. The product’s popularity quickly took off, and the toys became an instant collector’s item.  The company […]

Can You Tax The “Cloud”?

As advances in technology are continually made, there will always be those that look for ways to profit. In today’s society, most children and young adults have never heard of or seen a rotary […]

Will Raising Taxes Get You Elected President?

It is not common to hear a presidential hopeful “vow to raise taxes”, because paying more taxes is not on the top of most voter’s list of priorities. However, that is exactly what Hillary […]

Turning Back Time

There is nothing worse than working hard all year, having taxes withheld from your paycheck, and then finding out you still owe Uncle Sam come April. Taxes seem to be one of the most […]

More IRS Budget Cuts on the Horizon?

Congress reduced the IRS Budget Allocation approximately 7% from 2010 to 2014, then reduced the budget allocation another 3% from 2014 to 2015. Now it appears likely the IRS will be operating on even […]

More Lost Email Drama From The IRS

Just when it seemed like the media attention given to the story of the lost IRS emails had died down, a new development has arisen. Lois Lerner, the IRS official who claims to have […]

Common Misunderstandings About Tax Benefits Of Selling Your Home

The phrase “it’s a seller’s market” in real estate means that if you are looking to sell your home, you should expect plenty of buyers looking for homes and could reasonably expect top dollar […]

How To Determine Your Income For Purposes Of Taxation

The IRS rules allow the Service to collect a certain portion of your income as a tax. This means every year you have to file an income tax return, and report what you made. […]