Author name: anckrdev

Did you know that some people don’t have to file a federal income tax return? Each year, the IRS publishes the minimum income amounts required for submitting a return, along with other factors that could give rise to the need to file. If your income falls below the threshold or no other rule applies to […]

After the holidays have passed and the new year commences, many people in Missouri, especially small business owners, turn their attention to the next big task ahead of them — filing taxes. Though the chances of a small business owner being audited are relatively rare, some statistics indicate that small business owners may have a

Most people in Missouri and across the country have likely experienced financial struggles at some point in their lives. Unfortunately, some people are left to prioritize what bills are paid and other financial obligations are met during times of hardship. However, federal officials claim that one business owner was deliberately engaging in tax evasion. The

If you are one of the many Missouri families who live a simple life on a small income, you may look forward to your income tax refund to catch up on bills, replace a failing appliance or splurge on something fun for the family. Part of what makes that refund possible is the Earned Income

Running a business is often a difficult task despite the effort that owners put into it. For smaller businesses in Missouri and across the country, multiple tasks often fall onto one person. Because of this, it is easy to understand how an oversight can occur. Unfortunately, law enforcement officials in another state believe one man’s

On occasion, business owners in Missouri and across the country receive conflicting advice. Often, they will follow the advice of a trusted adviser, assuming that the information provided is accurate. Unfortunately, a married couple in another state claim that faulty advice created a situation that resulted in tax evasion accusations. An investigation into the couple’s four

When you were in high school or college, you likely had many deadlines to meet. Projects, papers and exams all came with a due date, and you either struggled to meet those deadlines or mastered the art of time management. Now, however, missed deadlines come with consequences more severe than a lower grade. In fact, if you

If you are dreading another tax season because you have not paid last year’s taxes yet, you are not alone. Many Missouri residents are caught off guard when they find out they owe Uncle Sam money they do not have. You may also have a healthy fear of the IRS, and rightly so. The federal government

People who facing criminal charges must often make a variety of different, difficult choices, including whether to fight the charges in court or accept a plea deal if offered. Unfortunately, some people in Missouri ultimately come to the difficult conclusion that there is sufficient evidence to convict them of the allegations against them, prompting them