For many individuals and businesses in Texas, April 15 is the big day for federal tax matters. Not getting returns and payments in by mid April can result in penalties and interest, which is something everyone wants to avoid. Tax matters are a year-round concern, despite the importance placed on … [Read more...] about April 15 isn’t the only IRS deadlines for Texas residents
Texas residents should know their rights when it comes to taxes
Millions of people across the country will be receiving an extra document from the Internal Revenue Service this year when they receive notices about collections or audits. According to the IRS, it will be issuing taxpayers a document called the "Taxpayer's Bill of Rights." The document lays out … [Read more...] about Texas residents should know their rights when it comes to taxes
Paying tax agencies means return for Texans, says report
Businesses and individuals often attempt to get out of paying taxes through any legal means. Sometimes, what organizations believe are legal means actually tread on gray areas, resulting in run ins with tax law. For Texans, paying some taxes brings a high level of return on investment, says a new … [Read more...] about Paying tax agencies means return for Texans, says report
6 rules for dealing with IRS tax audits in Texas
Getting audited by the IRS isn't extremely likely for most individuals and businesses with average incomes and organized reporting and filing policies. Effective tax administration and avoiding red flags on returns can save you a lot of trouble, but audits do happen. If you're a Texas business or … [Read more...] about 6 rules for dealing with IRS tax audits in Texas
Texas-based pension group cuts ties with company over tax woes
Tax troubles can be one of the most stressful, serious financial problems faced by individuals and businesses. Future plans can be derailed by a bank or wage levy, and penalties and interest can become impossible to manage, even when organizations are attempting to work issues out with the Internal … [Read more...] about Texas-based pension group cuts ties with company over tax woes
Dallas County reports preliminary 7 percent hike in property tax
Though many individuals and residents consider the first few months of the year, and April in particular, as tax-crunch time, taxes are a relevant concern at all times. Keeping good documents to facilitate the filing of accurate returns and keeping up with tax news that could impact you are just two … [Read more...] about Dallas County reports preliminary 7 percent hike in property tax