One of the most common questions we’re asked by self-employed individuals is “should I make estimated tax payments and if so, how much?” Not everyone needs to make estimated tax payments. However, some taxpayers […]
From the chandler tax attorney Tag
Believe it or not, US tax law requires US citizens and resident aliens to report ALL worldwide income to the IRS, including income from foreign trusts, and foreign bank and securities accounts. This applies […]
If you haven’t filed your 2009 federal tax return, or need to amend that return because you didn’t claim all the available deductions, you still have time but you’ll need to act quickly. The […]
Is claiming the business use of your home office a good or bad idea? In a word, “Bad!” Why? Especially when the IRS just made it simpler to claim the deduction starting in 2013. […]