Selling Your Home: Top ten tax facts to know!

If you make a profit off of the sale of your home, the gain may not be taxable. The IRS has issued ten tax facts you should be aware of if you are selling your home this year:   1. ¬†As stated above, if you have a capital gain on the sale of your home, the gain...

Paying a Tax Bill – Five Tips to Avoid Extra Charges

Tax bills from the IRS should not be ignored. A delay in payment can lead to more interest and penalties that need to be paid. Below are five tips from the IRS to avoid extra charges: 1. Pay electronically – Paying your bill(s) with the IRS electronic payment...