Tax Matters - The Top Tax Defenders Blog

The tax filing season creeps up on millions of taxpayers each year. As the rush of the holidays comes to an end, you have just a few weeks to spare before the new year's tax season officially gets underway. Rather than be caught off guard during this all important time of year, you can use these tips to start preparing now for the upcoming 2018 tax filing season.

The holiday season is the time for giving to friends, family members, loved ones, and others. However, it can also be the ideal time to take advantage of last minute tax deductions that could lower what you owe the IRS next year. Give yourself the gift of lower taxes by learning how to utilize holiday tax deductions to your benefit before the end of the year.

It is a common misconception among American taxpayers that the offices within federal government works at a snail's pace. In fact, the IRS has recently taken the lead in timeliness and efficiency with its new virtual appeal. 

Charities throughout the country rely on donations from the public for their sustenance. If you have hesitated to give to charity in the past, you may be convinced to start when you realize that your donations could be tax deductible. Before you decide to what charities to give, you may want to learn first under what circumstances you can include donations on your tax returns.

Depending on your financial and earning situation after you retire, you may have to continue filing taxes each year. The fact that you are retired does not mean that the IRS cannot or will not audit you. You could find yourself subject to an IRS audit if you include these missteps on your tax returns. 

Ride share companies like Uber are becoming increasingly popular in cities throughout the U.S. Along with providing the public with invaluable transportation services, these companies also allow people to earn lucrative incomes as drivers. 

The IRS has the right to pursue any debt that is owed to the federal government. Even so, you have rights as a taxpayer that the IRS cannot violate or take away from you. 

Taxpayers by law must file returns for every year that they are alive and receive taxable income. This obligation does not at the moment that they pass away. 

A notification of an upcoming audit can induce panic and worry in the typical taxpayer. People who are alerted to impending audits stress over what may have caused their returns to be set aside for scrutiny or what they have done wrong when filing their taxes.