5 Tax Return Mistakes To Avoid

The Internal Revenue Service has plenty of ways to penalize you for mistakes on your tax return. Some of these potential penalties are so convoluted and complex that there may well be disagreement within the IRS on when they apply. However, most people accrue tax penalties for very simple mistakes. Here are some of the…
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7 Most Overlooked Tax Deductions And Credits

Tax season is almost over. Have you filed your return yet, or are you still scrambling to beat the April 17 deadline for 2018? Don’t overlook these common tax deductions that could save you money. When you hurry through your tax return, you may miss valuable deductions that could produce a lower tax bill –…
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Tax Filing Extensions

If you are nowhere near ready to file your taxes as the deadline approaches, you may file an extension with the IRS that gives you up to six more months to file your taxes. Filing an extension will spare you from late filing penalties — 5% of the amount of tax you owe for each…
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How To Spot A Mortgage Scam

If it sounds too good to be true, it probably is. That’s sound advice for almost all aspects of life, including the search for mortgage relief services. Distressed homeowners don’t have to resort to third-party mortgage services. Free counseling is available at the Department of Housing and Urban Development (HUD). HUD programs such as the…
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Infographic: Tax Crime By The Numbers

You’ve heard of CSI, but what about IRS CI? That’s not a new TV crime show, but the real-life Internal Revenue Service Criminal Investigation. This Division is the only federal agency authorized to investigate federal income tax crimes, such as initiating almost 1,500 ID theft or money laundering inquiries last year. If you would like…
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