13 Common Self-Employed Tax Deductions

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...
La Grande Observer

From the Tax Law Offices of David W. Klasing – What are IRS allowable basic living expenses in a federal tax collection scenario?

IRVINE, Calif., Feb. 11, 2025 /PRNewswire/ — Although a favorite saying of IRS revenue officers is that “the IRS is not a bank” and takes collection of federal taxes owed seriously, the IRS is ...
East Oregonian

From the Tax Law Offices of David W. Klasing – What are IRS allowable basic living expenses in a federal tax collection scenario?

If you are applying for an offer in compromise or other repayment plan with the IRS, they are going to make you justify your living expenses. How do you do that? The first thing you want to do is make ...