Category Archives: IRS and Tax Transcripts

Where does all the Social Security money go?

Former United States President Franklin D. Roosevelt signed the Social Security Act into law on August 14, 1935. One of the benefits provided to United States citizens by the Social Security Act is a payment of “social insurance” to people … Continue reading

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How will Tax Reform Impact the Mortgage Interest Deduction?

Tax reform has been a major issue in the United States this year. When President Trump was on the campaign trail, he promised a better tax code that would make the United States more competitive with other nations. Over the … Continue reading

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How Many Years Should You Keep Your Bank Statements?

Storing financial documents can become a burden for someone who isn’t properly organized. However, keeping financial documents is incredibly important, especially way after you’ve initially received them. Standard rules state that you should keep your financial documents for about 6 … Continue reading

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How many years of taxes do you have to keep for a business?

As the looming tax season approaches, many taxpayers scramble to find the answers pertinent to their unique employment, investment and business-related questions from qualified accountants. The question of how long to hold on to tax-related paperwork is one of the … Continue reading

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How can I get a copy of my W-2 from previous years?

Obtaining a W-2 form from past years is necessary for filing your taxes, especially if you are preparing for an audit or have been informed of possible tax refunds by an accountant. You might be asked to submit proof of … Continue reading

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