Introduction While being your own consultant has freedom in it, there is an added responsibility to one's own taxes. Traditional employees are relieved of the obligation of paying taxes as it automatically gets deducted, but consultants are responsible for reporting income accurately and paying their fair share while availing deductions al

Introduction Most people panic when the IRS comes knocking. Audits, tax disputes, and hefty penalties can turn your financial world upside down. But here’s the truth: the IRS is not invincible. With the right strategies, you can defend yourself, reduce your tax liability, and even come out on top. As a tax lawyer, I’ve seen it all�