8 Things You Should Not Try to Deduct from Your Taxes
Being self-employed is a great opportunity to define income and your schedule on your own terms. Tax deductions also draw many to the model of employment. Office space, mileage, supplies, even telecommunications are just the tip of the iceberg when it comes to tax deductions. However, below are eight items which should never be included on your tax return; unless an audit is something you enjoy. 1. Expensive Business Gifts 25 dollars is pretty much the monetary limit of
Ten Annoying Tax Debt Consequences
It is super easy to ignore the IRS when you owe taxes on income you have earned. Most people think that contacting the IRS just exacerbates the problem. It’s a delay and procrastination tactic. With years of experience, I am here to tell you that everyone should be more terrified of ignoring the issue than addressing the issue directly. The IRS can always force your hand towards repayment with tools-like federal tax liens, levies, and wage garnishments which are all calculat
