July 27th, 2020 → 9:08 pm @ gturnercontentcustoms // No Comments
The last thing you want to receive in the mail is a notice of a tax audit from the IRS. The more you read, the more concerned you’ll become with your future. While this is a scary time in your life, it doesn’t have to be. There are steps you can take to better understand the process, how to protect…
July 27th, 2020 → 9:08 pm @ Kristin Williams // No Comments
The last thing you want to receive in the mail is a notice of a tax audit from the IRS. The more you read, the more concerned you’ll become with your future. While this is a scary time in your life, it doesn’t have to be. There are steps you can take to better understand the process, how to protect…
The post How to best prepare for a tax audit appeared first on The Law Firm of Lance R. Drury.
July 22nd, 2020 → 8:54 pm @ wreedcontentcustoms // No Comments
In the United States, rather than having trained professionals do the taxes, the government just asks citizens to do it on their own — regardless of their level of education or understanding of tax laws. Everyone has to file by a certain date with their own paperwork. That goes for everyone from the finance professor at the local college to…
July 22nd, 2020 → 8:54 pm @ Kristin Williams // No Comments
In the United States, rather than having trained professionals do the taxes, the government just asks citizens to do it on their own — regardless of their level of education or understanding of tax laws. Everyone has to file by a certain date with their own paperwork. That goes for everyone from the finance professor at the local college to…
The post Is tax software accurate? appeared first on The Law Firm of Lance R. Drury.
July 6th, 2020 → 4:44 pm @ wreedcontentcustoms // No Comments
When you owe money to the Internal Revenue Service, the worst thing you could do is ignore the bill. When you don’t make the necessary arrangements to settle your debt, the IRS may sell or seize your property. The IRS could take anything from you, like your: Home Wages Retirement accounts Boats Bank accounts Usually, people receive many notices and…
July 6th, 2020 → 4:44 pm @ Kristin Williams // No Comments
When you owe money to the Internal Revenue Service, the worst thing you could do is ignore the bill. When you don’t make the necessary arrangements to settle your debt, the IRS may sell or seize your property. The IRS could take anything from you, like your: Home Wages Retirement accounts Boats Bank accounts Usually, people receive many notices and…
The post Don’t let the IRS levy your property: Get help appeared first on The Law Firm of Lance R. Drury.
June 26th, 2020 → 2:55 pm @ wreedcontentcustoms // No Comments
Your work was going very well in the first part of the year, so you planned to take your profits and build up. Suddenly, your sales dropped off, and you were left barely scraping by. As tax time came around, you realized that you were self-employed and would need to come up with several more thousand dollars than you have.…
June 26th, 2020 → 2:55 pm @ Kristin Williams // No Comments
Your work was going very well in the first part of the year, so you planned to take your profits and build up. Suddenly, your sales dropped off, and you were left barely scraping by. As tax time came around, you realized that you were self-employed and would need to come up with several more thousand dollars than you have.…
The post Don’t have enough for your taxes? Consider an installment plan appeared first on The Law Firm of Lance R. Drury.
June 14th, 2020 → 3:49 pm @ wreedcontentcustoms // No Comments
When it comes to the payment of income taxes, the Internal Revenue Service (IRS) is substantially less worried about overpayment than it is about underpayment. Individuals who don’t pay their full amount of taxes could wind up paying not only the balance of unpaid taxes but also substantial penalties and interest. In some cases, the IRS can also take legal…
June 14th, 2020 → 3:49 pm @ Kristin Williams // No Comments
When it comes to the payment of income taxes, the Internal Revenue Service (IRS) is substantially less worried about overpayment than it is about underpayment. Individuals who don’t pay their full amount of taxes could wind up paying not only the balance of unpaid taxes but also substantial penalties and interest. In some cases, the IRS can also take legal…
The post Do you know the difference between tax avoidance and evasion? appeared first on The Law Firm of Lance R. Drury.
