What is the Cost of Tax Preparation?

5 years ago
Local Tax

Consulting a Tax preparation professional is key essential in filing your taxes the right way. The primary reason you need…

Rising Refunds: Average Tax Refunds Increase by 7.5% in Early 2025

2 days ago

The Internal Revenue Service (IRS) is currently experiencing a challenging period filled with publicly discussed issues such as significant job…

IRS Scam Alert: How to Spot Fraudulent Calls and Protect Your Information

1 week ago

Recent headlines have sparked alarm with news that as many as 15,000 Internal Revenue Service (IRS) employees could face layoffs.…

The Real Cost of Early 401(k) Withdrawals: Penalties and Tax Impacts Explained

1 week ago

A 401(k) plan is a special kind of savings account that's primarily used to save for retirement. It's called a…

A Beginner’s Guide to Business Taxes: Everything You Need to Know

2 weeks ago

Business taxes are levies imposed on the income, property, and sales revenue of businesses. They vary depending on the business…

IRS Data at the Center of Privacy Controversy Involving Elon Musk’s DOGE

2 weeks ago

Several lawsuits have been filed against DOGE, and some of these have temporarily stopped its access to data. Elon Musk's…

Step-by-Step Instructions for Completing IRS Form 4506-T

3 weeks ago

Form 4506-T, officially titled "Request for Transcript of Tax Return," is a critical document for taxpayers in the United States.…

2025 IRS Refund Schedule: Estimate Your Tax Return Timing

3 weeks ago

The IRS officially started accepting income tax returns on January 27, 2025, signaling the beginning of the tax filing season.…

What Is an Audit? What to Do When You Get Audited by the IRS

4 weeks ago

A tax audit reviews an organization's or individual's accounts and financial information to ensure they report information correctly according to…

The Economic Implications of High Tariff Rates on U.S. Imports

4 weeks ago

President Donald Trump has started to implement tariffs on imported goods. During his campaign, he suggested a radical idea: an…

Trump Proposes to End Federal Income Tax: New Tax System?

1 month ago

President Donald Trump is advancing a bold and potentially divisive proposal among his Republican allies, advocating for the complete elimination…