The adventures & musings of an Enrolled Agent representing clients in Tax Controversy cases at the Neighborhood Christian legal clinic - Low Income Taxpayer Clinic.

Indianapolis, Indiana

Gambling Income and Expenses – Tax Requirements

Gambling Income and Expenses – Tax Requirements

Hit a big one? With more and more gambling establishments, keep in mind the IRS requires people to report all gambling winnings as income on their tax return. Gambling income includes, but is not limited to, winnings from lotteries, raffles, horse and dog races and casinos. Unfortunately, gambling income also includes the fair market valueRead more about Gambling Income and Expenses – Tax Requirements[…]

3 Tips For Keeping Proper Tax Records For Your Home Business – And Keeping The IRS Happy!

3 Tips For Keeping Proper Tax Records For Your Home Business – And Keeping The IRS Happy!

The last thing most people think about when starting a business is doing taxes. But proper planning will make doing your taxes much easier – and keep the IRS happy! Here are 3 simple tips for keeping proper records: 1. Whenever you buy anything for your business, keep the receipt! Not only will this makeRead more about 3 Tips For Keeping Proper Tax Records For Your Home Business – And Keeping The IRS Happy![…]

Tax Checklist If You Are Getting Married

Tax Checklist If You Are Getting Married

It may not be high on the list of wedding planning activities, but there are a few simple steps that can help keep tax issues from interrupting your newly wedded bliss. If you recently married, check out your new tax situation. You might save money or even prevent the problem of a missing refund check.Read more about Tax Checklist If You Are Getting Married[…]

IRS Debt Help:  5 Options To Getting Rid Of Tax Debt

IRS Debt Help: 5 Options To Getting Rid Of Tax Debt

Do you owe the IRS? Are you struggling with IRS debts and cannot figure out what to do? Don’t despair, you are not alone. Many Americans owe back taxes, or cannot afford to pay their IRS debts. If you want to get IRS debt help, it’s important to understand the different IRS tax debt strategies.Read more about IRS Debt Help: 5 Options To Getting Rid Of Tax Debt[…]

Highlights of 2017 Tax Scams

Highlights of 2017 Tax Scams

Each year, the IRS lists various scams taxpayers get caught up in. The top 2017 scams include several that manipulate laws governing charitable groups, abuse credit counseling services or rely on refuted arguments to claim tax exemptions. The agency is warning taxpayers about the growth of identity theft schemes with some particularly bold thieves evenRead more about Highlights of 2017 Tax Scams[…]