Pat Murphy
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The whistleblower group that represented the IRS agents in the Hunter Biden case is warning that the Biden administration is preparing an “unconstitutional“ power grab to regulate private gun sales by requiring a background check. In a letter Wednesday to Attorney General Merrick Garland, Empower...
Ordinarily, when you sell something for more than what you paid to get it, you have a capital gain; when you sell it for less than what you paid, you have a capital loss. Both can affect your taxes. But if you immediately buy a similar property to replace the one you ...
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Some taxpayers may not be aware that they owe the IRS a check on Monday, which could lead to their owing the agency a chunk of change come next April. More Americans are getting caught up by the issue, which involves quarterly estimated taxes, or payme...
If you're behind on your taxes, the IRS will withhold what you owe from your federal tax refund. You'll get a letter from the IRS explaining what it adjusted. How can I get a bigger tax refund? One way is to qualify for more tax deductions and tax credits. They can be huge money...
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What If I’m Threatened If I Don’t Immediately Pay? The IRS never asks for payment upfront.37All taxpayers are allowed to dispute its judgments before paying, with financial settlement only occurring after an agreement is reached between the IRS and the taxpayer.35If you are asked for immed...