How Rich Do You Have to Be to Not Pay Taxes?

How Rich Do You Have to Be to Not Pay Taxes?

What it would take for a small-business owner to avoid sending money to the IRS? “We don’t pay taxes. Only the little people pay taxes,” the billionaire hotelier Leona Helmsley was once quoted as saying.

IRS: Be vigilant against phone scams!

IRS: Be vigilant against phone scams!

Internal Revenue Service today warned taxpayers to be alert to tax time phone scams where aggressive criminals pose as IRS agents in hopes of stealing money or personal information. Remember IRS will never call to demand immediate payment, or threaten to immediately bring in local police or other law-enforcement groups to have the taxpayer arrested for not paying. Keeping digital information safe is a key point as well.

Never Postpone Taxes! 3 Common Mistakes to Avoid During Tax Season

Never Postpone Taxes! 3 Common Mistakes to Avoid During Tax Season

Taxes are something you should never postpone! If you need time, file an extension and try to do estimated payments :)

An IRS Tool If You Are E-Filing Your Tax Return

An IRS Tool If You Are E-Filing Your Tax Return

You can get much of the needed information by using tools from the Internal Revenue Service (IRS). The run-up to (and the few days after) Presidents Day are the busiest time of the year for the IRS. It can take over an hour to get through to the IRS by calling if you get through at all. The online tools are faster and more convenient.