If you’ve gone to the gas station lately, you probably noticed something. Your wallet is probably a bit emptier due to sky high gas prices as events in the Middle East hit close to home. A gallon of gas now averages $3.38 in the US and $3.71 in Cal...

WASHINGTON — A tax cut that began last month gave consumers the biggest jump in their incomes in nearly two years. But Americans boosted their spending only slightly, a sign that many people are being cautious with their money even as the economy i...

Love and taxes, am I right? With Valentine’s Day coming up in just a few days, it’s another reminder for married taxpayers. Not just the joy of tying the knot but about the responsibilities – and liabilities – you take on when you do. Once yo...

With the U.S. government running big budget deficits over the past couple years, tax authorities are launching new amnesty programs to recoup as much tax revenue as possible. The Internal Revenue Service has opened new ways for people to settle their...

A Tax attorney is a lawyer who helps the taxpayer resolve his/her IRS (Internal Revenue Service) or state revenue department tax issue. They are legal experts in the field of taxation. They can do a terrific job helping one remove bank levies, wage g...

IRS wage garnishments don’t just happen to anyone. They happen when you’ve ignored your tax debt for too long and the IRS has no choice but to enforce collections. You may have had many personal or emotional reasons for not paying your tax debt. ...

The start of every New Year gives us an amazing opportunity to recharge our batteries. We can begin something in earnest we’ve been putting off! It may be following through on a new idea or quitting a bad habit. And while most people may never ...

You wouldn’t know it, but if you’re a small business owner this holiday season, Santa Claus will be coming down your chimney with a big gift bag that has your name on it. It’s all courtesy of the IRS. If you’re the owner of a small or medium-...

The IRS has one goal in mind. That is to collect the taxes you owe in full, through whatever means necessary. If you owe back taxes to the IRS or state, you may have been ignoring your debt. Not only will penalties and interest increase the amount yo...

Wesley Snipes has been ordered by a judge to start serving his sentence for tax evasion. Snipes was convicted in 2008 of tax evasion. But he was free on bond while his attorneys appealed for a new trial. The motion for a new trial was denied, and Sni...