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What to Do If You Can’t Pay Your Taxes

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:52  |  669 views

The end of tax filing extensions is quickly approaching. What do you do if you can’t pay the amounts you owe? You should still file your return by the due date and pay as much as you can. There are, however, additional steps that might help.

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What Is a Dependent for Tax Purposes?

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:53  |  762 views

What are the qualifying characteristics of a dependent for tax purposes? Following is a general explanation on how to determine dependents, and how it relates to your tax status, liability, and the credits you can claim on your tax return.

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What Your Tax Dollars Do for You

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:48  |  637 views

In this article, we will look at the influence the government exerts over our daily lives through our taxation, and the good and bad aspects of that influence. Through direct spending, the U.S. government controls 43-45% of the economy. Today, government spending accounts for as much of the economy as spending in the private sector.

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When Do You File a Tax Return?

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:47  |  756 views

The first known income tax that Americans were legally required to pay was enacted during the 1860s, and the Presidency of Abraham Lincoln. The Civil War was proving very costly to fund, and the President and Congress created the Commissioner of Revenue and enacted a law requiring citizens to pay income tax.

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