Do you know what can happen if you don’t file your taxes or pay on time? You get interest and penalty charges. You can avoid them both by filing and paying on time.

Find out what kinds of deductions are allowable for your home office and what’s not by watching this video.

Tax reporting tips for Direct Sellers.

A series of eight videos covering topics that individuals and businesses will find helpful when working with the IRS to resolve unpaid taxes or unfiled returns.

An overview of withholding, remitting, and reporting obligations related to payments to foreign persons. A review of useful reference materials, including IRS Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities and IRS Publication 519, Tax Guide for Aliens.

In some instances, gift givers must file Form 709. Learn more about the Gift Tax, including limits and exemptions.

Fred Schindler discusses the online payment agreement basic qualifications and use.

Monica Baker describes what you may not know about bartering.

EITC stands for Earned Income Tax Credit. This is a refundable credit, meaning qualifying taxpayers can receive refunds even if they had no tax withheld

Our experts discuss tips on filing Form 8027, how to allocate tips, common errors and much more.

Cancellation of debt income is taxable as ordinary income. The Internal Revenue Code Section 61 provides that gross income means all income from whatever source derived.   This code section specifically includes “income from discharge of indebtedness” as an item of gross income from cancellation of credit card debt, foreclosure of personal residence, or cancellation of an automobile loan.

This presentation is for Schedule C filers who are one-owner businesses or self-employed taxpayers.  Good recordkeeping is very important to the business owner or self-employed person in order to have everything needed when it comes time to file a tax return. Schedule C is filed annually as an attachment to Form 1040, the individual tax return.

Many people who sell goods on the Internet don't realize the income they earn from auctions and consignment sales is usually taxable income.

A presentation for new business owners and information about filing a Schedule C, “Profit and Loss From Business.” This form is used to report the business income and expenses for a sole proprietor.