by ezTaxReturn Expert Staff | May 19, 2023 | Tax Tips & Planning
The Internal Revenue Service has a relatively modest staff, considering its function and mission. That being the case, the federal agency has a tough job pursuing millions of American taxpayers for what they owe but won’t pay. Estimates of unpaid taxes point to...
by ezTaxReturn Expert Staff | May 16, 2023 | Tax Tips & Planning
For buyers in many parts of the country, the cost of buying a home began to climb in the middle of 2022. They experienced relentless pressure not only from an increase in home prices but also from a 2 percent elevation in mortgage rates that added hundreds of dollars...
by ezTaxReturn Expert Staff | May 16, 2023 | Tax Tips & Planning
As the tax-filing season gets underway, you likely have much to worry about. From concerns about a potential audit of your finances to worries about the size of your refund to concerns that you might actually owe the IRS some money, you already have a lot on your...
by ezTaxReturn Expert Staff | May 16, 2023 | Tax Tips & Planning
American taxpayers owe about a half-trillion dollars in unpaid taxes. If the IRS were to be successful in collecting all of it, it would slash the federal deficit by half. For this reason, the IRS tends to vigorously go after taxpayers who either evade taxes or pay...
by ezTaxReturn Expert Staff | May 16, 2023 | Tax Tips & Planning
If you trade stocks, you need to know the wash sale rule. Stock trading is no longer limited to financial institutions and fund managers. Thanks to brokerage apps like Robinhood and SoFi, anyone can do it. As a newcomer to the stock market, though, you should...