To get my complete, FREE articlewith all the details… What’s more painful than sending withheld payroll taxes to the IRS? Having them embezzled by an employee! And believe me, it happens all the time. And when it does, you take a double hit. First, you lose the cash you worked so hard to earn.Second, you still have to make good the payroll tax money you owe the … [Read more...]
Tax Policy
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Terrible mistake: filing your tax return late
To get my complete, FREE articlewith all the details… We all make mistakes, but here’s one you absolutely should never make… Don’t file your tax federal tax return late! Why? Because filing late can bring down the wrath of the IRS. And hard. Here’s what you face if you mess up… ****** For starters, a penalty of up to 45% ******and a full-blown IRS … [Read more...]
Know the tax law to survive an audit
To get my complete, FREE articlewith all the details… Let’s face it. Nobody wants to fight the IRS. But if you’re going through an audit, and you’re convinced that the IRS is treating you unfairly, don’t roll over. Fight! Here’s how to come out a winner. Okay. The IRS is out to get you so you’ve decided to play David to the Government Goliath. The first thing … [Read more...]
Cash in on the Work Opportunity Tax Credit
To get my complete, FREE articlewith all the details… What’s the next best thing to lying on the beach with a daiquiri in your hand? That’s right. Tax credits! Okay. Tax credits aren’t quite as sexy as the beach scenario, but they can save you a whole lot to money. To get our complete, FREE article CLICK HERE Work Opportunity Tax Credit (WOTC) … [Read more...]
Closed! The PayPal 1099-K Reporting Loophole
To get my complete, FREE articlewith all the details… Using PayPal, and similar payment services, can be a great way to pay bills and shop online. However, as the IRS discovered, when taxpayers use third-party settlement organizations (TPSOs) like PayPal, they can use a loophole in the law that makes it easy to avoid declaring income. Here’s how they did it. Under … [Read more...]