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Sometimes, taxpayers must call the IRS about a tax matter. As part of the IRS's ongoing efforts to keep taxpayer data secure from identity thieves, IRS phone assistors take great care to discuss personal information with the taxpayer or someone the taxpayer has...

Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible for tax credits and deductions. Here's an overview of the tax incentives designed to encourage employers to hire qualified people with...

Teens and young adults often go into business for themselves over the summer or after school. This work can include babysitting, lawn mowing, dog walking, or other part-time or temporary work. When teens or young adults are employees of a business, their employer...

Nearly $1.5 billion in refunds remain unclaimed because some people haven't filed their 2019 tax returns yet. Under the law, taxpayers usually have three years to file and claim their tax refunds. If they don't file within three years, the money becomes the property...

Pre-tax or deductible contributions to a Health Savings Account (HSA) can be withdrawn tax-free to pay qualified current or future medical expenses of the account owner, his or her spouse, and any qualified dependent. Contribution limits are adjusted annually for...

An IRS CP2000 notice is mailed to a taxpayer when income reported from third-party sources such as an employer, bank, or mortgage company does not match the income reported on the tax return. It is not a tax bill or a formal audit notification; it merely informs you...

Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications -- because not all retirement country destinations are...

Many businesses hire workers for only part of the year, especially in the summer. The IRS classifies these employees as seasonal workers, defined as employees performing labor or services on a seasonal basis (i.e., six months or less). Examples of this kind of work...

Employees and small business owners often have questions about how to protect employees who are being relocated against financial loss on a "forced" sale of their home. Here are some answers. Employees There are two common ways to minimize the negative financial...