That omission translates to a figure somewhere near 5 billion in taxes owed to the U.S. Treasury Department. With a budget deficit in the trillions and rising, the IRS is expected to increase its audits of both personal and business tax returns as well as pursue greater enforced collection action against individuals and businesses using … Read more
If you do not file a request for a Collection Due Process Hearing within 30 days from the date of Letter 1058, the IRS can levy your bank account, wages and other assets such as retirement accounts, to collect back taxes. What is a Levy? A levy is effectively a seizure by the IRS of … Read more
Choosing to invest your money with a solid and reputable business is a wise idea. If you have as much as 10000 to play with, then you know that you’ll be able to make a big return on your profit and help another company get on their way. If you’re thinking about investing a bulk … Read more
After taking numerous classes in financial planning and weighing my real estate investments, I discovered that a 1031 tax exchange was the best course of action to avoid paying heavy capital gains taxes. What is a 1031 tax exchange, you may ask? In essence, this is when you agree to reinvest your profits from a … Read more
The robot named Marl is a stock trading robot run by the best stock picking software in use today. As the old saying reminds us, “the proof of the pudding is in the tasting.” In this case, the proof is experiencing the sweet taste of financial success using the best stock picking software ever built. … Read more