Tax

How World War II Reshaped US Taxation

There’s no denying that World War II significantly altered the landscape of United States taxation. As the government…

Are You Inadvertently Overlooking Crucial Tax Credits In Your Year-End Review?

Tax credits can significantly impact your financial situation, yet many individuals often miss out on valuable opportunities during…

What Timely Strategies Can You Employ To Minimize Tax Liability Before New Year's Eve?

Strategies to minimize your tax liability before New Year’s Eve can have a significant impact on your overall…

10 Less Harmful Ways of Raising Federal Revenues

Key Takeaways: Diversified Tax Base: Broadening the tax base can lead to increased revenues without overburdening any single…

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Understanding the ABCs of Due Diligence

Explore the IRS’s comprehensive guide on due diligence for tax preparers, including requirements, penalties, and educational resources. Learn…

IRS Notice CP2000: Understanding Your Tax Bill for Underreported Income

Learn about IRS Notice CP2000 for underreported income. CEO David King and tax attorney Philip Hwang explain implications…