Tax Posts

Demystifying the IRS: Understanding the New Simplified Notices The Internal Revenue Service (IRS) can strike fear into the hearts of many taxpayers with its intimidating notices filled with jargon and confusion. But fear not, as the IRS has recentl…

Accounting and Tax Tips: A Podcaster's Guide to Financial Success Let's be honest, most of us start podcasts because we have something to say, not because we dream of tax forms. But as your podcast grows, understanding the financial side of things …

When You Owe the IRS: Navigating the Dreaded Tax Season Tax season can be a stressful time for many individuals, especially when faced with a notice from the IRS stating that you owe them money. In this blog post, we will dive into Betty's story an…

Mastering Your Finances: Avoiding Common IRS Audit Triggers How to avoid IRS Audit Triggers. Have you ever wondered what common mistakes could land you in the hot seat with the IRS? In this blog post, we'll uncover the top 10 IRS audit triggers and…

Deducting Home Improvements: A Guide to Understanding the Tax Benefits Introduction: Are you considering making some home improvements and wondering if you can deduct the expenses on your taxes? It's a common question that many homeowners have. In…

Understanding SEP IRAs: A Guide to Saving for Retirement and Reducing Taxes Introduction: Welcome to the Ask Ralph Show! In this episode, we dive into the world of understanding SEP IRAs and explore how they can benefit small business owners and i…

Article Highlights: Charity Tax Exempt Status General Rules for Deducting Volunteer Expenses Away-From-Home Travel Expenses Vehicle Expenses Entertaining For Charity Uniforms Use of a Capital Assets Convention…