The Internal Revenue Service highly recommends that taxpayers use electronic filing to submit their federal income tax return. However, there are still some forms that …
If you’re exercising incentive stock options for the first time, you might receive IRS Form 3921 from your employer. This article will walk you through …
In light of the Tax Cuts and Jobs Act, more and more people are taking the standard deduction on their federal returns than before. If …
Google “Short term capital gains” and “long term capital gains” and you’ll see approximately 1.35 million articles (as of the time of this writing). But not …
In 1969, Congress changed the tax law to institute an alternative minimum tax (AMT) to ensure wealthy people paid their fair share of income tax. …
Author’s note: I first wrote this article when I was still serving financial planning clients. While I no longer do so, I still believe these …
Many small business owners put so much hard work towards building their business that they don’t think about what happens down the road. And these …
In 2018, the military transitioned into a new type of retirement plan, called the Blended Retirement System (BRS). As it did, the military became one …
Your tax professional has completed your tax return and sent it off to the Internal Revenue Service. But how do you know that the IRS …
Did you know the Internal Revenue Service can pay whistleblower claims to those who report cases of tax evasion or tax underpayments? According to its …
If you’re checking the status of your tax refund from a recently tax return and find the refund is less than you were expecting, you …