The Federal Trade Commission received more than 1.4 million fraud complains from across the nation. All involving, identity theft, loss of money, etc. People lost $1.48 billion to tax scammers in the year 2018. With a 38% rise in tax fraud cases since 2017, this year the number may go up. Are you ready to...
Category: Taxes
How to Your Personal Reduce Taxes?
Taxes are the one thing that is collectively avoided by the people around the world. If there is anything that unites us humans then it is the agony of paying taxes! People always run away from paying taxes. Taxes are perceived as an unnecessary expenditure. The collective belief of citizens across the globe is that...
5 Benefits of Using a Professional Tax Software
Over the past years, the professional tax software has risen in popularity due to its efficiency in accomplishing the intended task. However, some people still cli ng to the traditional paper method of preparing tax forms, which is prone to errors and consumes a lot of time. If you are confused on whether to use...
Tricks and Tips When Dealing with Property Taxes
Did you buy a house this past year? Congratulations on your big move! Being a homeowner is an exciting step, but in addition to the fun decorating and landscaping, there are also more adult things to consider, like property taxes. Not to be a drag, but property taxes are one of those things that continue...
Things That Increase Your Audit Risk
It’s tax time. I’m sure all of you know. If you haven’t filed your taxes yet for the year, then you are probably in the process of doing so (or, at least I hope so!). One thing that you don’t want to happen is being audited by the IRS. Usually your chances are very low,...
Tax Mistakes That You May Be Making
With tax time being right around the corner, you are probably really dreading it. Not many people look forward to taxes unless they are getting money back of course. There are many tax mistakes that you may be making. Not telling the truth on your tax return. When doing your taxes, always be truthful about...
The Saver’s Credit: Do You Qualify?
My girlfriend asked me to help her with her taxes this year because it was the first time she had a job paying any substantial wages. At the end of the year, she was curious how much she would get back as a refund, so I used one of the calculators online to come up...