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The IRS and Forex Trading: A Complex and Uneasy Relationship

in Individual Taxes by Jonah Sparks
To many, the trading on the financial markets represents a distant and idealised dream. High volume markets such as the foreign exchange are particularly appealing to novice traders, primarily because of their margin based returns that can far outweigh an…
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2444

How Long Should I Keep Tax Records?

in Individual Taxes by Madeline Delanni
You’d think this would be a simple question with a simple answer; however, there are different time periods for different types of conditions. Here are a few: 1) If you owe additional tax, and you’ve followed the law then hang onto everything for 3 years. 2)…
1103

Buying Real Estate With Your IRA

Current economic times make it wise to seek out non-traditional methods to save for your…
1162

Do I Have to Pay Tax on Foreign Earned Income?

As a citizen of the United States, you are required to pay U.S. income tax any money you…
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2766

Do I Have to Pay Estimated Income Taxes?

I read somewhere that some individuals must pay estimated tax each year. However, I…
3942

Tax Penalties & Interest

Penalties and Interest raise your Internal Revenue Service (IRS) tax debt higher and…
Pay Taxes
2318

Is it Legal to Tax Us?

Why is it that just when you think you can relish the prospects of a new year, a clean…
1032

The Taxpayer Advocate Service Is Your Voice at the IRS!

The Taxpayer Advocate Service (TAS) is an independent organization within the IRS. We…

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