How to File Quarterly Taxes with the IRS – Step by Step Guide

Navigating the complexities of quarterly taxes can be daunting, particularly for freelancers, small business owners, and anyone whose income isn’t subject to withholding. Understanding when and how to file, along with effective tax planning and record keeping, is crucial to avoid potential tax penalties and financial complications. This step by step guide will take you…

How to Report a Business to the IRS for Tax Evasion – Step by Step Guide

This step by step guide on reporting suspected tax evasion is both detailed and thorough, yet concise enough for a layperson to read in about an hour. It outlines the steps for reporting suspected tax evasion, from gathering evidence to understanding whistleblower rights, and the use of the IRS whistleblower program. Additionally, it defines tax…

Publication 590-A – IRS Publication Explained

What is Publication 590-A? Publication 590-A is a crucial IRS resource that serves as a comprehensive tax guide for individuals planning for retirement plans and understanding their tax obligations. It offers detailed information on various aspects of individual retirement accounts (IRAs), including traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs, which are essential for…

How to Change Your Name with the IRS After Marriage – Step by Step Guide

Changing your name after marriage is an exciting milestone, but it also involves several important administrative tasks, including understanding the name change procedure and the necessary documentation requirements. One key aspect to consider is how to update your name with the IRS to ensure that your financial records align with your new identity. This step-by-step…

How to Check Your IRS Refund Status – Step by Step Guide

Navigating the world of tax refunds can be complex, particularly when individuals are unsure how to check their IRS refund status. This comprehensive guide offers a straightforward, step-by-step approach to checking your IRS refund status, troubleshooting potential delays, and ensuring you receive your refund as soon as possible. The tips and information provided in this…

How to Set Up a Payment Plan with the IRS – Step by Step Guide

Here’s a step by step guide to manage your IRS payment plan: 1. Determine Your Eligibility for a Payment Plan Determining eligibility for an IRS payment plan involves assessing whether a taxpayer meets the IRS criteria for an installment agreement. Ensuring compliance with eligibility requirements is essential for effective debt management. Understanding these criteria is…