Criminal Inquiry Related to the Panama Papers

panama papers and tax evasionIn recent weeks, one of the biggest tax-related issues in the news has been the Panama Papers. This story revolves around the leak of offshore companies that were serviced by a Panamanian firm specializing in helping individuals and others set up tax havens.

So far, most of those implicated in the release of […]

Don’t Forget State and Quarterly Taxes

estimated-taxes-dueNow that tax season is winding down, you might think you’re in the clear. After all, you’ve filed your tax return and paid your federal taxes. However, you might not be done pay yet. If you are a business owner, you might still need to pay state taxes and make a quarterly tax payment.

Paying Your State Taxes

Every […]

US Treasury Continues Fight Against Tax Dodges Through Inversions

us-tax-inversionsIn recent years, a process known as “inversion” has received increased scrutiny by the public and by the government. It’s a way for businesses to avoid certain taxes by claiming to be a foreign company. These tax dodges are costing the United States millions a year in revenue, and the Treasury Department has been taking steps to […]

April 19th, 2016|Tax News|0 Comments

3 Strategies for Using Credit Cards to Pay Your Taxes

pay-taxes-with-credit-cardA few of us enjoy paying taxes. However, for some of us this is a fact of life. One way that you can get a little more out of your taxes is to use a credit card when you pay. As long as you plan ahead, and have a strategy for paying off your credit card before […]

How Do You View Your Tax Refund?

view tax refundNow that we’re getting into the tail end of tax season, it’s a good time to think about how you view your tax refund. The way you think of your tax refund can make a big difference in the way you spend it.

According to a recent survey from Capital One, only 12% of respondents think […]