On March 18, 2010, the new Hiring Incentives to Restore Employment Act (HIRE) was signed into law. This federal legislation creates an immediate tax savings for any business that hires and retains unemployed workers.
Click on 'full article' below for a quick rundown on two of the key tax breaks from Brian Peterson, CPA.
It happens every year. Around the time that tax returns come due, some people start rolling out arguments that they are not legally required to pay taxes -- or they claim they don't have to pay taxes on moral or ethical grounds. Do these arguments ever work? Click "Full Article" for a list of frivolous positions that the IRS and the courts have routinely rejected with stiff penalties.