Personal Tax

IRS letter 4464c: How to expedite your tax refund

Have you recently received the dreaded IRS letter 4464c in the mail? If so, you’ve likely got quite a few questions running through your mind right now. Take a deep breath – this informative guide will walk you through everything you need to know about IRS letter 4464c so you can handle this stressful situation […]

Are GoFundMe Donations Tax Deductible? Tax Secrets to Know

If you’ve ever donated to or received funds from a GoFundMe campaign, you may be wondering: are GoFundMe donations tax deductible? This is an excellent question that many people have. With GoFundMe’s popularity for crowdfunding all types of causes, both donors and beneficiaries should understand the potential tax implications. This guide is going to walk […]

IRS Form 3949-A: How to Crack Down on Tax Fraud

Do you suspect someone or a business is committing tax fraud or violating tax laws? If so, you can report them to the Internal Revenue Service by filling out IRS form 3949-A. This powerful form serves as an information referral tool to blow the whistle on fraudsters cheating the system.  But what exactly does IRS […]

IRS Code 971: Its Meaning on Your Tax Transcript

Have you ever checked your tax transcript and seen an intimidating 971 IRS code? If so, take a deep breath – things probably aren’t as scary as they seem. While any letter from the IRS can feel stressful, 971 IRS code simply indicates that the Internal Revenue Service needs more information about your return. Think […]

Schedule E Instructions: How to Master this Tax Form

Do taxes give you a headache? For many people, sorting through tax forms can be confusing and overwhelming. But it doesn’t have to be! Understanding key forms like IRS schedule E can help simplify your tax filing. This comprehensive guide will explain everything you need to know about schedule E. We’ll cover what it is, […]

Innocent Spouse Relief: How to Relieve Unfair Tax Burdens

What if you discovered your spouse or ex fraudulently filed inaccurate tax returns that now leave you unfairly burdened with thousands in IRS tax, penalties and interest debt? As an innocent spouse, you may feel helpless, but there is hope. The IRS extends a lesser-known clause termed “innocent spouse relief” and “injured spouse” designed specifically […]