Do You Owe Use Tax?

We all know about sales tax. It is a tax paid whenever we purchase something. The tax is some percentage of a purchase price. Do you know about use tax? Use tax is similar to sales tax, and it applies whenever you buy, lease, or rent items without paying sales taxes....

What Is Income?

Generally speaking, if you received money, property, or services, you have income. Examples of income include wages and fringe benefits, investment income such as interest, dividends, or capital gains, business income, and income from bartering. In some cases, your...

Tax-related Identity Theft

Identity theft is a big problem. This video from the IRS will help you understand the issue, and it will provide some guidance if you are a victim....