The IRS has automated computer systems that detect errors and unusual information on tax forms. There are certain circumstances that cause IRS agents to pay more attention to one taxpayer's account than to another. For payers in Pennsylvania, there are certain factors...
Although taxes are a huge pain for most people, they are necessary in order to keep the government running. Unfortunately, many people fall behind on their taxes, and there are certain factors that can contribute to this. Under-withholding Usually, when people have...
Each year, most Pennsylvania taxpayers must fill out and file their returns with the IRS. Unless you work with taxes for a living, it's understandable to feel frustrated during tax time. Here are a few helpful ways to get the help you need from the IRS. Call the IRS...
Each year, millions of tax returns are filed by people living in Pennsylvania and other states throughout the country. In most cases, a return represents an accurate accounting of an individual's tax situation for the given year. However, there are some who choose not...
Capital gains reflect profits an investor receives after selling an asset. Someone who buys a home in Pennsylvania for $150,000 and sells it for $175,000 may have a capital gains tax due. The same could be true when buying and selling stocks. For tax purposes, those...
Few people want to pay high tax bills as they likely have other debts and expenses to cover. Evading taxes would be a terrible idea since the action could result in criminal and civil penalties. Pennsylvania may find there are more acceptable options found under legal...
Whether you love it or hate it, January through April is that unavoidable period when many adults in Pennsylvania are thinking about their taxes. Before you can successfully file your taxes, it's a good idea to have a clear understanding of the Internal Revenue Code....
Pennsylvania state taxes are unique compared to the tax requirements in many other states. There are a number of taxes for personal income, sales purchases, property ownership, inheritances and many other reasons. There are basic facts to know about this state's tax...
With tax rules and regulations, it's important to follow any changes carefully as they may affect how you file your taxes after a divorce. One significant alteration to how taxes are handled in divorces occurred at the start of 2019. At that time, additional rules...
Pennsylvania does not have an estate tax. However, it does have an inheritance tax that applies to assets transferred upon death to someone other than a spouse. When you are a beneficiary of property, the state's inheritance laws impose a percentage of the asset's...
