Reporting Gambling Winnings on Your Tax Return- Don’t Play with the IRS!
Going on a fun trip this summer where you’re planning to do some gambling? Whether you like to play slots, blackjack, or bet on races, your gambling winnings are taxable. The IRS requires that all gambling income is reported on your tax return. If you’re a casual gambler, odds are good that these basic tax […]
IRS Fast Track Settlement Program- Help for Small Businesses & the Self-Employed
Fast Track Settlement offers Small Business/Self-Employed taxpayers an opportunity to resolve tax disputes at the earliest possible stage in the examination process. Once your application is accepted, the goal is resolution within 60 days. With FTS, a trained mediator from the IRS Office of Appeals is assigned to help you and the IRS reach an […]