As the sharing economy continues to grow, so do the associated tax problems. The Internal Revenue Service obviously is interested in folks who earn money using their autos as on-call car services or rent their homes to out-of-towners. Money collected for special projects via crowdsourcing sites also is generally viewed by Uncle Sam as taxable income, regardl […]
I thought I had heard everything.A client, a widower who was filing his 2014 return as a Single individual for the first time after the passing of his wife in 2013, sent his return to the IRS on Feb.7threquesting a refund. No refund ever came. Finally on April 25th he received a letter from the IRS saying that they had received the return but was unable to […]
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COUNT DOWN TO FILE YOUR RETURNApril 15th, 2015
Last day to timely file your individual tax return or extension.