Failure to make estimated tax payments is one of the top reasons why taxpayers owe the IRS. Over the past 11 years, I've realized that...

When taxpayers don't meet their tax obligations the IRS charges penalties. The reasons range from not filing on time to not providing...

One of the nice things about being self-employed is the flexibility you have. But with this newfound freedom, there is more paperwork. As...

It used to take taxpayers a long time to access their tax records from the IRS. Now the IRS has several online tools to make IRS...

A tax transcript is the raw version of your financial story that the IRS has on record. Your tax return is your interpretation of what...

Just because your spouse is in trouble with the IRS does not mean that you have to go down with them. Two common forms of relief the IRS...

Have you ever heard of a couple getting in legal trouble due to back taxes? Maybe you remember the summer of 2013. When the Real...

Today my Husband and I participated in a group date. The date was in celebration of a couple's 17th wedding anniversary. If you have a...

If you owe the IRS you may have noticed that the balance due is higher than what you saw on the return. You aren't alone. The culprit in...

On August 24th, 2022 the IRS announced they will be forgiving $1.2 billion in penalties. The details of this relief are in Notice...

Timalyn at the 2022 Diverse Entrepreneurship Summit giving a presentation. This past June, I spoke at the Diverse Entrepreneurship Summit...

Each year, millions of taxpayers file Form 1040 to let the IRS know how much they made throughout the year. Taxpayers sign that tax...

CPA, EA, AFSP, USTCP... there are so many different professional credentials that exist right now that if you’re searching the internet for tax help it can be very easy to get confused and even flustered if you don’t know what they all mean. Sometimes, professionals, myself included, get so caught up in tax jargon that we forget to break things down so the average taxpayer can understand. Charge our heads not our hearts!