Let Morgan Sebastian Law Help Solve Your Tax Problem
Chances are if you owe money to the IRS or are dealing with some kind of tax issue, you’ve been bombarded with letters and notices. Some may be mild reminders to pay your taxes, and others may use threatening and scary language to demand you pay up by a certain date....
Most people think their tax bill is set in stone at the end of the year. While the money savings options available after December 31 are limited, there is still a lot you can do to simplify your taxes and save money. If you have a complicated tax situation or are...
Wage garnishment occurs when a court orders your employer to withhold a portion of your paycheck and send it to a creditor or person to whom you owe money. Child support, student loans, and consumer debts are the most prominent sources of wage garnishment. In most...
Small business owners dread end-of-year accounting. However, despite it being a hassle, it’s imperative for entrepreneurs and small businesses to implement an effective system for year-end accounting. Year-end accounting provides essential insight into the...
During tax season, the majority of Americans receive a tax refund. In fact, many Americans have come to rely on receiving a significant check in the weeks or months following their filing date. However, in the past three years, fewer Americans received tax returns...
Both restaurant owners and servers have to navigate and comply with IRS tip reporting rules. While it used to be fairly easy to pocket tips—especially cash—without reporting them, the IRS has expanded its efforts to capture tip revenue by tightening down...
Tips can be earned as cash provided by a customer, from a tip-sharing program at a restaurant, or as a gratuity left on a credit card. Many American workers rely on tips as a sizable portion of their income, yet many are unaware of how to properly report their tip...
Tax refunds are a poorly understood aspect of tax season. Most people assume that when April comes around, they will get a nice check from the IRS. In fact, many American workers rely on their tax refund to pay essential bills. There are several reasons why you might...
In 2009, bitcoin—the first cryptocurrency—emerged and completely disrupted the traditional landscape of trading, investing, and exchanging money. Over the past decade, virtual currency has continued to gain traction and popularity. Today, it is common for...
Many Americans choose to retire in warmer, more affordable countries. However, even if you haven’t set foot in the U.S. for years, you’ll still need to file an annual tax return with the IRS. Expatriates—commonly referred to as...
