Federal tax cuts traditionally pay a price. Practically gratuitous over the last 18 years, tax cuts continue their dubious tradition with the final passage of a tax reform bill by the U.S. Congress in January—but only after two government shutdowns. Since such taxpayer relief started, the national debt and its incumbent reflex to raise the [...]

So, a man across the casino just lost a bundle betting on black instead of red, but he thinks to himself, "No worries, I can just write it off on my taxes!" But, then once he leaves, he begins to think about doing this a little more seriously. Can he really write his gambling losses [...]

On February 28, 2018, the IRS officially announced the release of a completely new IRS Form W-4 and along with it a new "withholding calculator designed to help individual taxpayers determine whether the 2018 withholdings are correct, or need be adjusted.” The new changes to IRS regulations include changes to the individual income tax rates [...]

 The economy now-a-days has become quite jerky. The economic crisis has made the people suffer more than the before. Due to this, companies have to face many hardships. Among them, the hottest concern is receiving the notice of tax lien. Especially, for a small business owner, it becomes a bad news. The worst moment came [...]