One of our recurring themes in this blog is the importance of record keeping for tax compliance.After all, the quality of your records - or lack thereof - can be crucial in many different types of tax controversies. In this post, we will provide a reminder of why...
A tax refund is your money, not the government's. But sometimes the government does not give the money back the way it should.When that happens, you don't have to wait passively for a response. In this post, we will explain how you can take action to get the refund...
Tax season is one of the most stressful times of the year for many Massachusetts residents. In order to make filing taxes a lot easier, many people turn to tax professional for help. However, one way to make tax season even more stressful is by falling for a...
Technically, when some or all of your mortgage debt is cancelled in a foreclosure or short sale, the amount of cancelled debt is supposed to count as income.But is this really how the IRS expects you to handle things, when you have a debt cancellation on your home...
