How to Hire Your Kids The Tax Smart Way

How to Hire Your Kids

UPDATED FOR 2021 As long as your kids are doing legitimate work for your business you can hire your kids. As long as they’re doing legitimate work for your business, you can hire your kids and pay each of them up to $12,000 per year tax-free. IT’s  true. And all of this while they earn…

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How The Rich Pay Less Tax

Pay less tax

The richest Americans pay less tax via paid overall a lower tax rate than average due to what the IRS shows they do differently. The ultra-rich save the most tax, according to IRS statistics. And over 90% of them have one thing in common. They do not sign their own returns. They hire tax pros instead.…

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Bank Levy: Insider Tricks To Stop One

Mafia. Cute boy in sunglasses with a suitcase of money. Gambling. Gambling win. Children and cash. Financial education. Successful businessman fighting bank levy

Your Best Defense Against A Bank Levy A Collection Due Process Hearing, also known as a CDP hearing, maybe your last best chance to resolve a tax controversy and stop a bank levy with the IRS short of tax litigation. The IRS does not allow taxpayers to request these hearings for “frivolous” reasons. That includes…

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12 Ways For IRS Back Tax Relief

A Middle Aged Man Looking For Ways to Get IRS Back Tax Relief

2020 was a tough year for many. Now is time for Americans to seek IRS back tax relief as they face financial hardship making tax payments impossible. How to Get IRS Back Tax Relief Without Using A Professional Has the pandemic caused created you to fall behind on filing your federal income tax return or…

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