Has your spouse been accused or convicted of embezzlement? While this charge can cause them all sorts of legal trouble, it can also affect you in an unexpected way: your taxes. How does a spouse's fraudulent behavior wind up affecting you? And what can you do about it? Here's what you need to know. Why Embezzled Funds Are Tax Issues Embezzling money is the theft of money that's in a person's care.

Are you becoming a part-time landlord? More and more Americans see the value of setting up a lifetime stream of passive income through owning a few select rental properties. But this new line of income comes with some new tax responsibilities. Here are a few key things you'll need to start keeping track of to avoid unnecessary taxation and legal tax problems.  1. Income Sources. For landlords, not every check is treated the same.

Owning a business comes with the legal obligation of filing taxes. This is something that most people struggle with due to the mind-boggling tax terminologies, laws, and paperwork involved. For that reason, it's always wise to work with a tax preparation consulting service. You get the assistance of an expert who is knowledgeable about taxation laws and tax filing procedures. Investing in their services will help you enjoy the following benefits.