Miscellaneous deductions, such as certain work-related expenses you paid for as an employee, can reduce your tax bill, but you must itemize deductions when you file to claim these costs.…

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Millions of people enjoy hobbies such as stamp or coin collecting, craft making and horse breeding, but the IRS may also consider them a source of income. As such, if…

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When you decide to start a business, one of the most important decisions you’ll need to make is choosing the right business entity. It’s a decision that impacts many things–from…

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Numerous reports of scammers sending fraudulent CP2000 Notices for tax-year 2015 have been received by the IRS, resulting in an investigation by the Treasury Inspector General for Tax Administration. The…

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