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Powell Tax Law Blog

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Reminder: Report All Income Including Gig Economy Jobs and Tips to IRS

Paying taxes on your income in the U.S. used to be straightforward. Your employer provided you with a paycheck and did all the heavy lifting when it came to calculating withholding for taxes. At the end of the year, it was a matter of copyi...

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Everything You Need to Know About IRS Amended Tax Returns

tax returns
When the IRS set January 23 this year as the official start to the 2023 tax filing season, the clock began ticking for taxpayers to get thei...
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How to Prepare for an IRS Audit

Tax Audit
Nothing strikes fear in the heart of the American taxpayer than the threat of an IRS audit. The good news is that the odds of getting audite...
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Your Guide to the 2023 Tax Season (And a Peak at the 2024 Tax Year!)

Tax Time - Need Help?
2023 tax season is in full swing and it’s a time of the year that brings to mind one of our favorite “paying your taxes” anecdotes:
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