How to mail tax payments

The IRS is no stranger to sending out notices assessing penalties and interest to taxpayers, even if these notices aren’t always correct. Unfortunately, the burden of proof is on the taxpayer to call the IRS out on their errors. In the few months since the April 18 tax deadline, we have seen what seems like …

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Save for the future with a Roth IRA

Live in the moment, be carefree, right? When every day becomes a “treat yourself” day, saving for the future seems like tomorrow’s worry. Well, saving for the future is a very necessary task and the only time you can save for the future is the present. There are ways to save for the future that …

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Don’t forget to depreciate business vehicles

Changes in tax law implemented in 2018 means businesses have been able to take advantage of depreciation laws regarding their ability to depreciate business vehicles. Here are a few things to keep in mind when figuring out the depreciation. Section 179 is an immediate expense deduction that business owners can take instead of depreciating the …

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The IRS makes paying your taxes easy

Most would agree we all like to get paid promptly when receiving a refund. We might receive a check or a direct deposit. The bottom line is however we receive it, we expect that if an amount is owed to us, we’ll be paid. The IRS is no different. If a taxpayer has an amount …

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No Respect for the Tax Court

The Tax Court doesn’t get much love out there by some.  They contend the Tax Court does not have the authority to decide legal issues. However the law says otherwise. The United States Tax Court is a federal court of record established by Congress under Article 1 of the United States Constitution.  Congress created the …

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