If you’re looking at a tax bill that you cannot afford at the moment, one potential option is to ask the IRS to agree to an installment plan. Essentially, they give you an extended time frame and you must make installment payments on a set schedule until the debt is...
For the next few months, you will be seeing tax preparation cubicles in the malls and department stores around Danbury. At one time, you may have been tempted to gather your receipts and W-2s and sit down in one of those booths to complete and file your tax return....
Did you finalize your divorce in 2017? Did you have a marital home to deal with as part of your settlement? How you and your former spouse dealt with the family home during the proceedings impacts your income tax filings this April.Even if you considered the tax...
If you are a business owner or independent contractor, you are probably always looking for ways to reduce your tax burden. The end of the year is a time for your last efforts in seeking tax deductions and making preparations for next year. Included in next year’s plan...