PA Publishes Sch C Tips for Self-Employed Persons PA Conducts Systemic Reviews of PA Sch. C Expenses & Deductions Since 2015, the PA Dept. of Revenue (DOR) has taken an aggressive approach … [Read more...] about PA Publishes Sch C Tips for Self-Employed Persons
Yes, Place a Lien on Your Children’s Property
Yes, Place a Lien on Your Children's Property This May Be An Effective Tax Planning Tool We represent taxpayers who have tax problems. They often owe the IRS thousands of dollars. They may have lost … [Read more...] about Yes, Place a Lien on Your Children’s Property
Scam – Fake IRS Agent Visits Your Residence
Is That The IRS Ringing Your Doorbell? I recently attended a webinar and an IRS agent warned the audience of a growing popular scam. A supposedly IRS agent shows up at your residence (or place of … [Read more...] about Scam – Fake IRS Agent Visits Your Residence
Self-Prepared Tax Returns – What Makes the Most Sense to You?
Self-Prepared Tax Returns What Makes the Most Sense to You? We were curious how much the average American household spends on income taxes. Looking at data released in August by the Bureau of Labor … [Read more...] about Self-Prepared Tax Returns – What Makes the Most Sense to You?
PA Dept. of Revenue (DOR) Continues to Challenge Taxpayers Claiming Unreimbursed Employee Expenses
The PA DOR believes that an employer seldom requires an employee to incur expenses on behalf of the employer that it is not willing to reimburse the employee. Accordingly, the requirements to claim … [Read more...] about PA Dept. of Revenue (DOR) Continues to Challenge Taxpayers Claiming Unreimbursed Employee Expenses
Flexible Spending Account (FSA) vs. Health Savings Account (HSA)
FSAs and HSAs allow taxpayers to make tax-free contributions to pay for out-of-pocket (co-pays and deductibles) medical expenses. The monies contributed to these plans are shielded from personal … [Read more...] about Flexible Spending Account (FSA) vs. Health Savings Account (HSA)