If you haven’t filed your previous year’s tax returns, you could be missing out on hundreds of dollars! The IRS says there is a total of almost $1.4 billion in income tax refunds that have yet to go unclaimed from 1.2 million taxpayers who did not file a 2015 federal income tax return. Taxpayers who are missing out on their refund are running out of time to claim their refund.
Cristiano Ronaldo Reportedly Reaches Deal in Tax Evasion Case
Portugal soccer star Cristiano Ronaldo’s tax troubles may finally be ending. The soccer star has reportedly reached a deal with Spanish prosecutors in his tax-evasion case. Ronaldo was accused by Spanish Authorities of evading over 14.7 million euros (equal to about $17 million) in taxes between 2011 and 2014. The authorities allege that Ronaldo set up a company to manage his image rights but then transferred the rights to a second company to confuse Spanish Tax authorities.
Tags: Tax Return, Tax, Tax Deductions, audit help, Audit, levy, tax extension, Tax Help, Tax Law, Identity Theft, Liens, Tax Court, Sales Tax, Tax Levy, Tax Lien, Taxes
Every month, our tax attorneys and case managers work hard to help our clients settle their tax liability once and for all. Some of our clients struggle with bank levies or wage garnishments, while others owe money due to owning a small business. Here are just a few of the clients we were able to help this month.
Tags: Tax Return, Tax, Tax Deductions, audit help, Audit, levy, tax extension, Tax Help, Tax Law, Tax Cuts and Jobs Act, CDP, Liens, Tax Court, Sales Tax, Tax Levy, Tax Lien, IRS Tax Lien, Taxes
How the Tax Cuts and Jobs Act Changed Your Alimony Deduction
It’s 2019 and that means the Tax Cuts and Jobs Act will be affecting how you file your 2018 tax return. One of the many changes that were made by the new tax reform is to Alimony payments and the deductions. We wanted to talk to you about the changes because you may have heard that Alimony is going away– well the answer is yes and no. Here is what you need to know.
Tags: tax extension, Tax Help, Tax Law, Tax Cuts and Jobs Act, Tax Court, Taxes
A new year means new tax deadlines!! Here is just a list of the major tax dates and deadlines for 2019!! Mark them down on your calendar so you don't forget!
Tags: Tax Return, Tax, Tax Deductions, Audit, tax extension, Tax Help, Tax Law, Tax Cuts and Jobs Act, Tax Scams, Tax Court, Sales Tax, Tax Levy, Tax Lien, IRS Tax Lien, Taxes
How to Lower the Taxes You Owe Before the End of the Year
The end of the year is usually the busiest time for taxpayers. You’re usually trying to get everything wrapped up and finished before the new year begins. One thing you should put on your list for the end of the year is to start calculating your taxes and if you will owe taxes when you file. If you find out you are going to owe taxes, there are some steps you can take to lower your tax liability. Tax planning is an important part of keeping your financials in line and can help you stay on track and make filing your tax return easier.
Tags: Tax Return, Tax, Tax Deductions, audit help, Audit, levy, tax extension, Tax Help, Tax Law, Tax Cuts and Jobs Act, CDP, Identity Theft, Tax Scams, Liens, Tax Court, Sales Tax, Wedding, Tax Levy, Tax Lien, IRS Tax Lien, Taxes