Learn how US citizens working in Canada handle taxes in both countries, from credits and exclusions that prevent double taxation to filings and deadlines.
Learn whether you have to pay taxes if you get paid in cash, from how the IRS treats unreported earnings to filing, recordkeeping, and the risks of skipping it.
Learn how class action settlement payouts are taxed, from what the award is meant to replace to reporting the money, paying estimates, and state rules.
Learn when dry cleaning is a business expense, from the rules that make work clothing deductible to travel situations, filing differences, and recordkeeping.
Learn how the not filing taxes penalty works, from financial costs and IRS collection actions to criminal risk and options for resolving unfiled returns.