Tax Samaritan’s tax resources pages are the source for the information you need, from tax tips and relevant articles in our blog to tax tools, such as tracking your tax refund and to filing requirements. If you’re dealing with a new life event this year, like a new child, read on in this area to learn more about how this changes your tax situation.
Please feel free to contact your Tax Samaritan tax professional for answers to your specific tax situation.
Delinquent Taxes Can Be A Serious Issue Delinquent taxes can be a serious issue for taxpayers who don’t have the means to pay them nor the knowledge to explore whether there are opportunities to reduce the amount of taxes due or options to resolve the collection issue. Resolving Delinquent Taxes Is Not Impossible Resolving delinquent … Continue reading Delinquent Taxes – A Serious Issue, But You Have Options…
Finding Tax Return Places Near Me It’s bad enough to have to prepare your taxes every year. It’s even worse when trying to find tax return places near me. With today’s Internet driven economy, finding a physical storefront tax firm is not as important as just a few years ago. There are many top-notch tax … Continue reading Tax Return Places Near Me
IRS Fresh Start Program Initiative Makes It Easy To Get Tax Relief If you are buried under the weight of tax debt, the IRS Fresh Start program makes it easier for taxpayers to pay back taxes, avoid tax liens and get tax relief. Here are the three top features of the Fresh Start program: Tax … Continue reading IRS Fresh Start
Searching For A Tax Specialist When you are searching for a tax specialist it’s important to keep in mind that Enrolled Agents (EAs) are the only federally-licensed tax specialists who focus exclusively in taxation. As a tax specialist, an EA’s knowledge and experience is not generalized on a variety of subjects such as law for … Continue reading Tax Specialist – Enrolled Agents Are America’s Only Federally-Licensed Tax Specialist
I recently co-authored an article with Michael J. DeBlis III, Esq., entitled, Understanding The PFIC Rules And The Implications of Owning Foreign Mutual Funds that appeared in the September 8, 2016 edition of Global Tax Weekly. Michael J. DeBlis III, Esq., is a partner at DeBlis Law and an expert in tax controversies including the … Continue reading Understanding The PFIC Rules And The Implications Of Owning Foreign Mutual Funds
Tax Professionals Types There are various types of tax professionals that you can select from to prepare your tax return, including enrolled agents, certified public accountants, attorneys, and many others who don’t have a professional credential. It is reasonable to expect your tax professional to be skilled in tax preparation, tax laws and to ultimately … Continue reading Need A Tax Professional To Prepare Your Tax Return?
Employee Business Expenses As an employee, you may be able to deduct certain work-related expenses if you itemize deductions on Schedule A (which is worthwhile if your total itemized deductions are greater than your standard deduction based on your filing status). If you paid for out-of-pocket expenses related to your job during the tax year, … Continue reading Unreimbursed Employee Expenses
Rental Income Tax If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the associated expenses can be deducted from your rental income. However, you should also understand that there are certain rental expenses you may deduct … Continue reading Rental Income And Rental Expenses
IRS Installment Agreement – IRS Tax Debt Cure-All Do you owe back taxes to the IRS? Are you having trouble coming up with the money to pay your Federal taxes? You are not alone. If you are like many taxpayers that are burdened with an insufferable amount of back tax debt, you have undoubtedly heard … Continue reading IRS Installment Agreement– Payment Plan For Tax Debt
Get Large Firm Expatriate Tax Preparation Expertise With Small Firm Personal Attention If you are a US taxpayer living abroad, you will want to hire a firm that specializes in expatriate tax preparation. Many Americans abroad attempt to do their own tax returns or continue to use their existing preparer that lacks extensive experience and … Continue reading Expatriate Tax Preparation – The Basics