Introduction Filing taxes incorrectly can lead to missed deductions, penalties, and overpaying the IRS. Whether you’re an individual taxpayer, freelancer, or small business owner, avoiding common tax mistakes can...
Introduction The IRS audits less than 1% of tax returns, but certain red flags increase the risk of an audit. Whether you are an individual taxpayer, freelancer, or business...
Introduction Freelancers and self-employed individuals must pay taxes throughout the year instead of having them withheld from a paycheck. The IRS requires freelancers to make quarterly estimated tax payments...
Introduction A tax audit is an IRS review of a taxpayer’s financial records and tax return to verify accuracy and compliance with tax laws. While most businesses and individuals...