Moving to a No Income-Tax State? Watch Out for These Hidden Tax Costs
The promise of a state with no income tax can be incredibly appealing—especially for individuals coming from high-tax states like California, New York, or New Jersey. However, there may be hidden tax costs you need to understand before moving to a no-income-tax state.
Did the IRS Take My Refund?
Still waiting on your tax refund? The IRS may have offset it. CEO David King and Lead Tax Attorney Philip Hwang explain when the IRS can offset your refund, how to avoid it, and how to find out if your refund was taken.
Can I Sell My House if I Owe Back Taxes?
Owing back taxes to the IRS can be stressful enough on its own—but if you’re also trying to sell your home, the situation might feel even more overwhelming. You may be wondering: Can I legally sell my house if I owe the IRS? Here’s what steps to take before listing your home and how to work with the IRS during escrow.
Zelle and Taxes: Does Zelle Report to the IRS?
Understanding how Zelle affects your taxes is crucial. This is especially true if you’re using the platform to receive payments for business, freelance, or gig work. While many assume Zelle flies under the IRS’s radar, the reality is more nuanced. This article will walk you through what Zelle is, whether it reports to the IRS, and what your tax responsibilities are if you receive money through the platform.