Careless mistakes at tax time can leave people paying more money to the IRS. Those mistakes are avoidable through awareness of and adherence to the tax rules, including deadlines. Learn the five most common IRS penalties and how to avoid them.
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...
The IRS is a bureau of the U.S. Department of Treasury and considers itself a "tax administrator" that works under the direction of the Secretary of the Treasury. So rather than be "owned" by the Treasury, the IRS "works for" the Treasury. ...
Banks can set up same-day wire transfers payable to the IRS, although they generally don't advertise it. Fees for this service can vary from negligible to significant, depending on the size of the payment. Warning Your request might be politely declined if you want to wire a very small am...
Comments on the proposal and requests for a public hearing must be received by the IRS by May 30, 2023. The rules are proposed to be effective the first quarter after the rules are finalized. In the meantime, while the proposal is being considered, the IRSextended the temporary rel...
The IRS, in cooperation with the Department of the Treasury, updated the various W-8 forms in January 2017, as well as the reporting requirements. Prior rules no longer apply.1 A resident of another country might have income earned in the United States, but a tax treaty between the U.S...
A All right, all right. For the second time in as many months, I’ll tackle this thorny but all-important matter. Advertisement Basically, IRS rules on replacement residences allow homeowners to defer taxation on profit generated by a home sale if they purchase and move into a replacement pr...
we have NOW learned that the infamous laptop is far less about the Biden Boy's fetish for pornography, narcotics and Russian whores, and far more about Hunter's pivotal role in the Biden Crime Syndicate's selling of deep access to our foreign adversaries, and to what extent it...
Alimony doesn't include child support or noncash property settlements.The rules on deducting alimony are complicated, and the IRS knows that some filers who claim this write-off don't satisfy the requirements.It also wants to make sure that both the payer and the recipient properly reported...
It’s easy to win every time when you write the rules that only the goy are subject to. They cheat, lie, and steal and the only good Jew is an ex-Jew like Bro Nate. The Jew is bound by an oath to never reveal the evil deeds of another Jew. Breaking this oath is punishable ...