Blogs

It is time to not only file taxes for 2012, but also all past taxes owed, if any. Those taxpayers who have back taxes and are seeking a resolution during this tax season must know what to expect from their tax help. Hiring the right tax debt firm is the most important step when resolving... Continue reading →

With so many tax filing scams busted recently, and the IRS giving away millions in false tax refunds every year, there seems to be little to raise taxpayers’ eyebrows anymore. What is surprising and disturbing is the continuation of tax scams right under the nose of the IRS. In a recently busted tax scam, the... Continue reading →

Republican governors are contemplating increasing sales tax and lowering income taxes. Economists at the OECD (Organization for Economic Co-operation and Development) studied various types of taxes and discovered that sales tax is the least harmful tax for economic growth. Western European countries have some of the world’s highest value-added tax (VAT). Scandinavia, Sweden, Denmark and... Continue reading →

Starting in 2013, most taxpayers will begin to pay the original rate of Social Security taxes, at 6.2 percent. Accustomed to paying 4.2 percent from 2001 until 2012, taxpayers are not taking well to the tax rate bouncing back to 6.2 percent. The reaction of taxpayers was predictable because in 2010 when the payroll tax... Continue reading →