You're being audited. While you're not thrilled, what you're really concerned about is making a mistake. You don't want to be blamed for trying to break the tax laws, and you want everything to go as smoothly -- and quickly -- as possible.Below are four tips that can...
Month: August 2017
Will Trump administration change the tax code?
There was a lot of talk about tax reform during the presidential campaign. Now that the Trump administration is well into the second half of its first year, it's a good idea to review what changes may come.The administration has not revealed a concrete plan regarding...
4 ways that a tax lien impacts you
A federal tax lien may be used when taxes remain unpaid. It's a tactic the government utilizes to seize other assets to make up for the taxes that are owed.As soon as one is put on your assets, it's critical to understand how it's going to impact you and what options...
Businesses must pay sales tax correctly
Most Connecticut residents pay all of the taxes that they owe in a timely manner. However, some evade taxes by finding ways to pay less than they are supposed to. Those individuals may be accused of tax crimes and face corresponding penalties.One case involves the...