How to Settle Your Debt With the IRS on Your Own

You’ve likely seen and heard ads from companies claiming they can settle your debt with the IRS for “pennies on the dollar.” They claim you need their services to strike a deal and pay less to the IRS. The truth is third parties can’t always deliver on claims to reduce tax debt and obtain waivers of [...]

Educators Can Now Deduct Out-of-Pocket Expenses for COVID-19 Protective Items

This article was published by the IRS. Eligible educators can deduct unreimbursed expenses for COVID-19 protective items to stop the spread of COVID-19 in the classroom. COVID-19 protective items include, but are not limited to: face masks; disinfectant for use against COVID-19; hand soap; hand sanitizer; disposable gloves; tape, paint or chalk to guide social distancing; [...]

How to Appeal a Penalty

This video tutorial will show you how to appeal a penalty on MassTaxConnect. The first step is to log in to MassTaxConnect and select the "More" tab. Select the "File an Appeal" hyperlink in the "Other Actions" panel. Read the information in the "Start Your Application" section carefully so that you can properly submit your appeal. [...]

Tax Benefits for Members of the Military

If you're in the Armed Forces, there are several special tax benefits that apply to you: First, you may be eligible for a combat zone exclusion, which means some or all of your combat pay could be tax-free. However, you may choose instead to include tax-free combat pay in your earned income when you file your [...]

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