tenquestion.com - A Tax Guide That Saves You Money !

If you are thinking of claiming the much talked about deductions under Tax Cuts and Jobs Act for small business owners ,first thing to understand what is a pass through business entity and whether your business qualify as one??

IRS allows tax deduction for charity only if the charitable organization is recognized as tax exempt organization. In order to provide an efficient way to verify of the organization is recognized as tax exempt or charitable organization…

IRS has an administrative policy to waive the penalty for failure to file the tax return or pay taxes in time or deposit tax in time if certain conditions are fulfilled by the taxpayer

Internal Revenue Code (IRC) has provision that will exempt capital gains on sale of house property under certain situation

When you ensure your health by paying health insurance premium, it may give you some tax relief and when you receive the actual health insurance benefits because of that insurance, IRS will still scrutinize those benefits if some of them…

Calculator for Form 2100 gives you an instant finding if you need to fill Form 2210 which is needed if you have made underpayment of estimated tax to the extest that additional tax needs to be paid by you.

Internal Revenue Code provides for tax payment liability as you earn. IN other words, you need to pay tax on current year income quarterly. If you fail to do that , additional tax is imposed per IRC 6654

Offer in compromise is a tax settlement scheme under which a tax payer can apply before IRS . If they are satisfied, they can settle for a very lower amount to against the tax demand against you

IRS notices are all numbered, like CP2000 , and are issued for a purpose. If you understand what it means, it will help you tackle your tax problems better

Here is a free IRS late payment penalty and interest calculator for computing failure to pay and file penalty easily and send the detailed report to your mail ( or any one else as pdf )