by Harry | Jul 30, 2019 | IRS Info, Tax Info
Millions of Americans make mistakes on their tax returns each year. The IRS estimates that as many as 17% of all taxpayers fail to completely comply with the tax code in one way or another. Sometime, people do this intentionally, which is tax fraud. In many cases,...
by Harry | Jul 25, 2019 | Tax Info
Most people know that tax evasion is a crime. But do you know what qualifies as tax evasion? And how it can affect you and the government? Our experts at Tax Defense Partners discuss what tax evasion is, how it affects the government, and how it can affect you. What...
by Harry | Jul 23, 2019 | Tax Facts, Tax Info
Every election season, you’ll hear politicians laying out their plans to make changes to the tax code. One of the most common proposals is some version of a flat tax. But what is a flat tax and how is it different from the current tax? In this post, our experts at Tax...
by Harry | Jul 23, 2019 | Tax Info, Tax Planning
If you’ve moved out of the United States and no longer make money in the United States, you may think that you don’t need to pay U.S. taxes. Unfortunately, this isn’t the case. In this post, we’ll explain why U.S. citizens still need to pay taxes once they leave the...
by Harry | Jun 29, 2019 | Tax Info
Did you know that anyone can deduct their state and local taxes from their federal tax return? This deduction is called the state and local tax deduction, or the SALT deduction, and it can be a very valuable deduction. While the SALT deduction was recently capped due...
by Harry | Jun 25, 2019 | Tax Info
Do you know how taxes affect the economy? The way taxes affect the economy is fairly complicated, so there’s actually no simple explanation for how these two complex systems intertwine. However, most economic experts agree that large changes to the tax code can change...
