The majority of people put preparing for next year's tax season at the bottom of their to do list once their tax return is filed. If you're one of the many people who have been struggling the last few weeks before the deadline, you can save yourself a huge headache and a lot of time come next year by preparing now. Here are five ways you can stay ahead.
If you or your organization has failed to report, under-reported or failed to pay appropriate Maryland taxes in the past decade or so, you need to be aware of the state's upcoming tax amnesty period.
Now is clearly not the time to be playing coy with Washington. As we've noted for a while now, the Internal Revenue Service is stepping up its tax evasion enforcement game against Americans in the District of Columbia area and the rest of the country who they suspect of having undeclared caches of cash in foreign banks.