What is an IRS Accuracy Related Penalty?
An IRS accuracy-related penalty is a charge of 20% of a taxpayer’s underpayment of federal taxes due to negligence, substantial understatement of income tax, or other errors found on their…Read More
How Do You File Taxes If You Lived in Multiple States?
If you lived and worked in the same state this past year, filing taxes is a fairly straightforward process. But how do you file taxes if you lived in two…Read More
Can I Buy a House if I Owe Back Taxes?
If you’re looking for your dream home, it can get complicated if you owe back taxes to the IRS. While it’s still possible to get approved for a mortgage with…Read More