How to Get Rid of IRS Underpayment Penalty

Internal Revenue Service or IRS is not kind enough for the workers who fail to pay taxes in full. So you must avoid any underpayment and penalty by all means. Let’s have a look on how you can avoid them.

Ideally you should know how much tax you should pay and how much have been withheld from your paycheck all through the year and the breakeven. Continue reading How to Get Rid of IRS Underpayment Penalty

Managing Freelance Money – Go Easy with Your Income, Expenses and Taxes

Are you new in the world of freelancing and cringing about how to manage your overall personal finance including your income, expenditure and overwhelming taxes? Have no worry; it’s not that complicated. You can surely manage your money and finance with the help of an income tax consultant or professional accountant. Continue reading Managing Freelance Money – Go Easy with Your Income, Expenses and Taxes

Marketing Push Achieved by Tax Refund Advances in 2017 – What is the Push all About?

Very soon you will find it tough to walk past a tax preparing storefront or turn on the TV or sit in a Walmart and not be distracted with the too-good- to-be- true pitches which claim 0% refund-related loans and immediate cash. Jackson Hewitt, H&R Block and few others are combating tough for gaining marketing share and are striving to lock customers who grab customers who may turn into customers or into online competitor just as Turbo Tax did. The strategy that they’ve adopted right now is to heavily market easy cash loans for some time to all those cash-saddled people who are struggling with tax filing Miami Florida and who wait to earn benefits from Earned Income Tax Credit. Continue reading Marketing Push Achieved by Tax Refund Advances in 2017 – What is the Push all About?

How Social Security Administration Changes for 2017 Would Change Your Life

As we reach January every year, we are already done with the vacations and the gay part of the year. For most of us, it is the time of the year when we resume our regular business. This resumption of the business definitely means we start thinking of our life all over again from the professional aspects. One of the most essential part which we consider during the following 3 month period is Income Tax which is a very important yearly activity for the people whose income come under the bracket of income tax payee. For them, the Social Security Administration Benefits Changes for the year 2017 would be immensely essential as they are here with the potential to change the level of your benefits forever.

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IRS Tax Scam Calls – Are Those Really Scamming Calls or is the IRS Really Calling You?

Taxpayers in America have been dealing with fraud tax collectors for a long time and many have not been able to distinguish between a real collection call and the impersonators. A lot of people including taxpayers have fallen victim and have ended up paying money to the scammers. Although the tax paying season has ended, Treasury Inspector General for Tax Administration, J. Russel George, warns taxpayers to be cautious of these callers who claim to be working for the IRS. However, there are also reports and Tax Notes supports the statement saying that agents from IRS are indeed calling taxpayers as a way of initiating audits through phone calls. So, if you ask a layman, it can get even more confusing being able to distinguish between the two types of calls. Continue reading IRS Tax Scam Calls – Are Those Really Scamming Calls or is the IRS Really Calling You?

4 Top Tax Issues that You Should be Aware of in 2016

If you’ve kept an eye on the news of 2015, you will be pretty aware of the fact that there haven’t been any major tax changes. That is considered to be good news for the taxpayers as they need not worry about how any changes to tax laws would affect their lifestyle. However, that doesn’t mean that there wasn’t ANY changes as Congress did manage to bring about some small changes to the tax system. Continue reading 4 Top Tax Issues that You Should be Aware of in 2016

Tax filing mistakes in the US – Avert them and stay on top of your finances

Thanks to the online tax preparation software that majority of us are making fewer mistakes with regards to our annual tax returns. Nevertheless, just one small mistake in entering data on your computer would cost you dearly, either in the form of smaller refund or in the form of larger tax bills. Although most companies and individuals have professionals who look into their accounting services, they should know that a mistake in any form could delay the receipt of any refund which you might be anticipating. Continue reading Tax filing mistakes in the US – Avert them and stay on top of your finances

Income Tax Max’s Blog

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Welcome to Income Tax Max’s Blog! We strive hard to assist you in paying less on taxes. Most of you must be desperately looking for ways in which you can minimize your taxes. We can help you accomplish your goal by offering you a comprehensive plan on handling your taxes.

Our dedicated income tax consultants will offer you the best support throughout a year and give you advice on strategies to save on taxes. Our experts are updated with the prevalent tax laws both on the personal level and on the commercial level. We strive hard to offer high quality services to our clients so that they benefit from us.

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