Taxpayer Assistance Center: Everything You Need to Know
The IRS Taxpayer Assistance Center (IRS TAC) is your go-to place for all your tax needs and challenges…
PERSONAL LOAN TAX DEDUCTION
Personal Loan Tax Deduction – Like any other form of credit, personal loans must be repaid with interest…
HOW TO CALCULATE TAX REVENUE
We calculate tax revenue by multiplying the tax per unit by the total number of goods sold by…
Form 8821 Tax Information Authorization
What is tax Form 8821 IRS, what does it entail and why do you need to file IRS…
Are Political Donations Tax Deductible? What You Should Know!!!
To put it another way, financial donations to political campaigns are not tax deductible. Donations to political campaigns,…
NOTICE OF DEFICIENCY IRS: How to Pay Notice of Deficiency IRS
A notice of deficiency is usually triggered by tax information received from a third-party filer, such as an…
ABSOLUTE PRIORITY RULE: Detailed Explanation
The absolute priority rule is used in corporate bankruptcy cases to determine the portion of the payment that…
Innocent Spouse Relief: Rules & How To Qualify
By claiming innocent spouse relief, you can be relieved of liability for taxes, interest and penalties if your…
FORM 945: Instructions On How To File Form 945 “
Filling Form 945 is a duty every business owner must fulfill. While there are businesses outsourcing this part…
Form 8824: Corporation Exchange
The IRS offers a tax form, 8824, for corporations who have exchanged their entity type. This form is…