Mistakes are a real possibility when filing tax returns, even for seasoned professionals. If you've hired one of said pros to handle your return this year, you must know how things will shake out if ...

Filing taxes is already stressful enough, and it is even more so if you find you owe the IRS money. As the number of people who owe a tax bill at the end of the year increases and household budgets ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS doesn't typically just let up on the collection efforts when you ...

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Not everyone needs a tax professional, but if you do it pays to get the right one Written By Written by Contributor, Buy Side Tanza Loudenback is a contributor to Buy Side and expert on retirement and ...

As April 15 draws closer and closer, the need to file your taxes on time grows even more urgent. While there are self-filing services and software available, many people still look for the ...

The real estate professional status (REPS) is a tax designation under the U.S. tax code that can provide a sizable financial benefit to someone who is actively involved in the real estate business.

Reasonable cause is a common defense to civil tax penalties. Generally, taxpayers fall within the contours of reasonable cause if they can show that they exercised ordinary business care and ...

Pension Deductions has designed an online calculator that allows professionals to estimate their potential contributions to a cash balance plan in seconds.

Paying taxes may be the last thing on your mind as you head into a busy season of turkey, stuffing, and televised football. You may even feel tempted to hand over your income return to a professional ...

Tax professionals are a solid way to have some peace of mind during tax season, but if a mistake ends up on your tax return anyway, it's important to know what's expected of you. Thomas Kika Former ...