The Internal Revenue Service recently announced that they currently have a whopping estimate of $1.5 billion dollars in unclaimed refunds for tax year 2019. This calculates for nearly 1.5 million people across the nation that may have qualified for a refund but did not file a federal income tax return. Time is of the essence […]
We all know that the Internal Revenue Service (IRS) expects to you to pay your taxes on the income you receive during the year. The average working taxpayer is accustomed to paying their taxes as they go throughout the year by income tax withholding done by their employer. This is convenient and simple for those […]
In many ways, tax season is similar to the New Year. How could that be? Tax season is full of anxiety and deadlines, whereas New Year’s is full of parties and fun. The similarity is that, like New Year’s, tax season is a time when many of us evaluate the previous year and make resolutions […]