Tag: avoid taxes

How Does The IRS Find Unreported Income?

Unreported income is costing the U.S hundreds of billions yearly in taxes. That is why you should not be surprised that the IRS has a process in place to determine unreported income. Agents of the IRS conduct field audits in case it suspects a taxpayer is not fully transparent with their taxable income. The IRS can determine whether all your income has been reported to...

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How Much Money Can You Make and Not Pay Taxes?

Making money and not paying taxes sounds like a dream for most people. However, for some Americans this is reality. Several factors determine whether you need to pay taxes or not. Your age, filing status, dependents, gross income, or if you are blind are the factors that weigh in. For example, in 2018, if you were a single person under the age of 65 years...

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