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The IRS Announces: Enforcement Resumes 2024

The IRS has put collections on hold over the past few years.  Due to a combination of a budget that’s been slashed over the past 10 years as well as the challenges of COVID, the IRS had ceased taking aggressive actions against most taxpayers since 2020.  But...

7 Reasons Taxpayers Get an IRS Audit

Facing an IRS audit is a daunting experience. The idea of having your financial records scrutinized by the most feared collection agency, the IRS, can shake anyone to their core. The cost in both time and money can seem never-ending. Understanding the top reasons...

What Can a Real Estate Agent (and other independent contractors) Deduct on Their Tax Return?

One of the benefits in being an independent contractor, such as a Real Estate Agent, is the ability to deduct business expenses on your tax return that allow you to lower your tax liability and keep more of your earnings.  I often get questions from my real estate...

Tax Relief 101: Exploring Different Forms of Tax Relief and Who Qualifies

Taxation, while a civic duty that keeps our country running, can sometimes become a hefty burden for individuals and businesses, especially during challenging economic times.  Now that tax season is over, many taxpayers are finding that they owed the IRS money.  How...

10 Pitfalls: How Individuals Often Find Themselves in IRS Trouble

Paying taxes is a civic responsibility that every working American is subjected to. However, millions of Americans find themselves in hot water with the IRS. Some intentional and others are inadvertent, but understanding the common ways people get into tax troubles...