"The IRS needs to make their own judgments about what resources they will put into auditing people and how much benefit will they get out of it," said Eric Bronnenkant, head of tax at Betterment. That includes "how much money can they collect from taxpayers who are doing something incorrec...
REIT investing through a REIT ETF is a great way for shareholders to engage with this sector without needing to personally contend with its complexities. How Do You Make Money on a REIT? Since REITs are required by the IRS to pay out 90% of their taxable income to shareholders, REIT...
Selling on Etsy® may be a fast and easy way to get into business for yourself. But make no mistake — getting started in online sales may be quick and easy these days, but that doesn’t mean you’re not a “real” business in the eyes of the Internal Revenue Service (IRS). Fort...
TheInternal Revenue Service (IRS)has an online tax withholding estimator you can use to make sure you're having the right amount withheld from your paycheck. If you areself-employed(even part-time) or receive other income that doesn't have taxes withheld, such as a pension, you'll want t...
You can set up an appointment at a local IRS office to get help with tax questions and issues. Use the Taxpayer Assistance Center Office Locator to find the nearest office and check out its available services. 7. Your State Tax Office Your state department of revenue or taxation can help ...
Tax penalties can be daunting, but they don't need to be confusing. Here's how you can minimize or avoid the most common penalties imposed by the IRS.
If you usually get a tax refund, but would like to start putting more money in your pocket every month, we can help. Yes, you still have to fill out a W-4 form. But we've developed a quick and easy guide to assist you.
Experiencing a major life change or receiving a big refund or a high tax bill are all reasons to consider filling out a new W-4 form and adjusting your withholding amount.
If the request comes via email, make sure the email comes from a legitimate address and contact the source directly before providing any information (i.e. don't click a link in an email, but navigate to their website directly). If the request came via phone, check the number, ask ...
You will need to visit an office in person and may need to make an appointment. (You can find a provider near youhere.) Tax Counseling for the Elderly Another IRS-backed program,Tax Counseling for the Elderly (TCE)funds nonprofit and community efforts that provide free tax preparation for ...