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Powell Tax Law Blog

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Understanding Tax Penalties and How to Avoid Them

Tax penalties are a common and significant issue for many taxpayers in the United States. The Internal Revenue Service (IRS) assesses millions of penalties each year, affecting both individuals and businesses.

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The Basics of Filing Your Taxes

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Americans learn a lot of stuff in school that they frankly never use again from writing in cursive to long division to how to diagram a sent...
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Tax Tips for Recent Graduates

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For the nearly 3 million young adults who graduate in 2023 with a bachelor’s or associate degree this year, there is plenty of good news as ...
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Understanding Back Taxes: Causes, Consequences, and Remedies

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Owing the Internal Revenue Service (IRS) back taxes can be one of the most stressful things in life and can easily provoke the “fight, fligh...
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