This article was published by the IRS. A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. People operate a business with the intention of making a profit. Many people engage in hobby activities that turn into a source of income. However, determining if that [...]
If you're in the military, you have some special tax options available to you. When it's time to file your taxes, check out these resources: The Department of Defense's MilTax is free and has no income limitations. It includes tax preparation, electronic filing software, and personalized support from tax consultants. It's designed to address the realities [...]
This article was published by the IRS. The Internal Revenue Service has announced that taxpayers who receive certain notices requiring them to send information to the IRS now have the option of submitting their documentation online through IRS.gov. This new secure step will allow taxpayers or their tax professional to electronically upload documents rather than mailing [...]
Celebrate America's birthday with this patriotic music video! Enjoy classic American songs while watching breathtaking scenes of America's beauty. Happy Fourth of July!
This article was published by the IRS. When a thief steals someone's Social Security number, they can use it to file a fraudulent tax return. This is tax-related identity theft. The IRS scans tax returns for possible fraud. If a tax return is flagged as suspicious, the agency will pull it for more review. Then the [...]
