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Common Tax Troubles

Legal Information
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Am I an "Employee" or "Independent Contractor" and Why It Really Matters

How to determine the answer to this question as well as a look at what could happen if you ask.

Avoiding the Slings and Arrows of Tax Time

During tax season you will hear many businesses offering to help you file your return. The question is, “Do I really want a car dealership, pay day loan store or rental store to complete my tax return?”

Debts "Written Off" May Count as Taxable Income

Many people do not know that having a debt ?written off? or forgiven may count as taxable income. When income is taxable, it must be reported to the IRS.

I Lost My House and Now I Owe Taxes?

If sale of a home in a foreclosure action does not cover the amount owed to the lender, part of a loan may not have to be paid back. The IRS may consider the amount of debt "forgiven" as income and tax it.

I Owe the IRS Money. Now What?

Suppose the IRS sent you a letter a couple of years back indicating you owed money. At the time, you didn't know what to do and missed the deadline. This year you are entitled to a refund but the IRS is going to take it. You were going to fix your car or maybe catch up on utility bills with the refund. Is there anything you can do?

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