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How Do Tax Shelters Work?

in Individual Taxes by Jonah Sparks
Tax shelter. It sounds like a wonderful thing. Be honest, if you’re going to need shelter from things in this life, storms and taxes are probably near the top of your list. But what is a tax shelter and how does it work? A tax shelter is a type of investment…
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How to Get a Tax Lien Removed

in Individual Taxes by Madeline Delanni
An IRS lien can remain in place for up to 10 years, meaning you face a decade of bad credit and financial instability. You're unable to do anything involving credit when you have an IRS lien: buy a house, get a new credit card, or even sign a lease. But there…
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The IRS and Forex Trading: A Complex and Uneasy Relationship

To many, the trading on the financial markets represents a distant and idealised dream.…
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Tax Shelters for High Income

Due to changes in tax laws, strategies for lowering individual income taxes are harder to…
Top 10 Itemized Deductions for Internal Revenue Service
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Top 10 Tax Deductions Often Overlooked

So you've decided to itemize rather than use the standard deduction. Here is a list of…
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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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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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Federal Income Tax Calculators

Like death, taxes are unavoidable. With proper planning you can make things easier on…

Tax Help Videos


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IRS Withholding Calculator
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Online Payment Agreement
IRS2Go 3.0
IRS2Go 3.0
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Estimated Tax Payments

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How to Use the Where's My Refund? Tool
Health Insurance on W-2
Health Insurance on W-2
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Free Help Preparing Your Tax Return
Where Taxpayers With Disabilities Can Find Online Help from the IRS (ASL,Captions & Audio)
Where Taxpayers With Disabilities Can Find Online Help from the IRS (ASL,Captions & Audio)

File Your 1040EZ Using Free File
File Your 1040EZ Using Free File
How to Get 1040 Forms
How to Get 1040 Forms
Earned Income Tax Credit
Earned Income Tax Credit
IRS Social Media
IRS Social Media