by Levins Tax | Apr 1, 2022 | Uncategorized
[ad_1] Running a business can be difficult, but it’s important to make sure that you’re doing everything within legal confines. One thing you want to avoid is facilitating tax evasion in your business. This can get you into a lot of trouble with the IRS and could even...
by Levins Tax | Apr 1, 2022 | Uncategorized
[ad_1] State and federal laws require many employers to take certain deductions from their employees’ paychecks. Whether they must deduct anything depends, in part, on the workers’ employment status. For example, employers who have independent contractors (ICs) may...
by Levins Tax | Mar 31, 2022 | Uncategorized
[ad_1] Many individuals worry about receiving a letter from the Internal Revenue Service (IRS) notifying them that their taxes are being audited or, worse, that the federal agency has determined that they owe back taxes. Individuals who receive such correspondence may...
by Levins Tax | Mar 29, 2022 | Uncategorized
[ad_1] Multiple global forces have contributed to increased tax audits, assessments and disputes arising from international revenue authorities. Both direct and indirect taxes are susceptible to these situations. The new circumstances require multinational companies...
by Levins Tax | Mar 22, 2022 | Uncategorized
[ad_1] Having an offshore account is legal as long as the account holder follows the required disclosure and filing mandates outlined by the IRS. Foreign banks also require that their clients comply with the local and international tax laws to avoid litigation risks...
by Levins Tax | Mar 15, 2022 | Uncategorized
[ad_1] Paying taxes is inevitable, but if you receive a notice from the Department of Revenue (DOR), you might feel a sense of anxiety or fear. In some cases, you may be able to dispute DOR notices or create a more manageable payment program if the tax amount is...
by Levins Tax | Mar 11, 2022 | Uncategorized
[ad_1] Federal tax law is complicated. Oftentimes, tax disputes and conflicts can occur among individuals and organizations. Taxation disputes have proved to have costly impacts, like interest imposition and penalty assessments, back tax, and sometimes criminal...
by Levins Tax | Mar 11, 2022 | Uncategorized
[ad_1] On February 10, 2022, the Commonwealth of Massachusetts Department of Revenue announced changes to the upcoming tax season. These changes pertain to Chapter 62 personal income tax filing and deductions. Here are highlights of some of the main changes. Updated...
by Levins Tax | Mar 10, 2022 | Uncategorized
[ad_1] It is common for people to try and find ways of evading taxes. After all, no one wants to pay a huge amount of taxes. However, state tax authorities and the IRS take tax evasion seriously. Below we take a comprehensive look at key facts on tax crimes and how...
by Levins Tax | Mar 10, 2022 | Uncategorized
[ad_1] Many taxpayers have a preparer to take care of filing their returns on their behalf because they don’t want to make any mistakes themselves. However, that isn’t always the safest approach. There are plenty of anecdotes circulating online where taxpayers...
