
Tax articles for independent taxpayers who want more power over their financial life.
- Lower taxable income for employees and self-employed individuals.
- Deductions for small business owners.
- Tax consequences of investments.
- Filing procedures with the IRS.
- Tax reducing credits.
- Calculations for better tax planning.
Current Tax News:
- California residents who were impacted by natural disasters earlier this year have been asked by the IRS to disregard Notice CP14, which was automatically sent to those who owe. The IRS reminds these residents that they still have until November 16th, 2023 to file and pay.
- The IRS keeps interest rates for individuals who owe taxes and have not fully paid them at 7%.
- IRS will no longer make unannounced visits to taxpayers’ homes and businesses in order to collect tax payments. Instead, taxpayers will receive appointment letters to schedule meetings.
*Disclaimer: The opinions expressed in The Confident Taxpayer are those of the author. This website does not render legal advice. Assistance from a tax professional should be sought when addressing specific tax issues. It’s possible that links used in this website might have expired by the time the reader tries to make use of them.