Did You Receive IRS Form 668-W? What Are the Next Steps?
Over 11 million Americans currently owe a collective $125 billion in taxes to the IRS. That’s not good news, considering that the IRS has the legal authority to levy consequences against those...
View ArticleWhat Is a 1040-EZ?
Are you a notoriously late tax filer? Have you fallen behind on your taxes for more than a few years? If so, then you’re in good company. Experts suggest that about 7 million American taxpayers fail to...
View ArticleHow Many Tax Allowances Should I Claim?
Most of us don’t want to pay taxes—the good news is that most of us don’t have to on Tax Day. Recent statistics show that only about 39% of Americans owed federal income taxes in 2020 during the height...
View ArticleWhat is IRS Form 4506-T?
Each year, auto dealerships sell about 17 million new cars, and homeowners sell about 6-7 million homes. Are you currently hoping to join those statistics by making a big-ticket purchase? If so, then...
View ArticleWhat is IRS Form 8300?
The IRS has been under a lot of strain since the pandemic. Not only has the agency been tasked with keeping up with every citizen’s tax return situation, but they’ve handled each and every stimulus...
View ArticleEverything You Need to Know About Form 941
The pandemic may have brought about hardship for many, but it also provided a space for some to realize their dreams. A record-setting 4.4 million new businesses opened their doors during the height of...
View ArticleHow to Claim Charitable Donation Deductions
Did you miss out on the special COVID-19 tax-deductible donations credit in 2021? Thanks to the CARES Act, Americans could deduct a whopping $300 for cash contributions they made to qualifying public...
View ArticleWhat Does Tax Topic 151 Mean?
Did you know that over 3.3 million Americans were delinquent on child support payments in mid-2020? Since the economy has been in a nosedive since then, it’s safe to say that even more Americans have...
View ArticleHow to Complete an IRS Form 433-D Installment Agreement
In 2021, about 2.4 million Americans established new payment plans with the IRS because they could not afford their entire tax debt bill right away. Compared to 2020, that number is a 29% increase!...
View ArticleHow to Speak to Someone at the IRS
Recent statistics indicate that by 2020, a whopping 78% of brands had already implemented or planned to use AI to serve customers better. One way that businesses are using AI is through over-the-phone...
View ArticleWhat is IRS Form 8949?
More than half (56%) of Americans own cryptocurrency or have owned it in the past. What’s more, recent surveys suggest that about 46.5 million more Americans will join in on the trend during the next...
View ArticleWhat is an Enrolled Agent?
Do you prepare and file your taxes? If not, you’re in good company. Recent estimates show that about 56% of Americans have someone else prepare their taxes; only about one in three adults file their...
View ArticleTax Extension Deadlines 2022
Do you often procrastinate until the last minute? If so, you likely already know how that trait can wreak havoc on your life. Unfortunately, procrastination is the reality for about a third of...
View ArticleGuide to Completing IRS Form 4562
Inventory capital, which includes assets that businesses use to conduct their operations, makes up a whopping 7% of the GDP of the entire United States! As you can imagine, the IRS wants to keep a...
View Article--- Article Not Found! ---
*** *** *** RSSing Note: Article is missing! We don't know where we put it!!. *** ***
View Article--- Article Not Found! ---
*** *** *** RSSing Note: Article is missing! We don't know where we put it!!. *** ***
View ArticleTax Return Updates 2023: When, How & Where Do I File
It’s that time of year again when we all start anew with fresh resolutions, fresh checkbooks, and fresh tax slates. With these new beginnings, however, comes the need to document what happened over...
View ArticlePortland Tax Attorney and CPA
If you’re in need of help resolving various tax problems and assistance with tax preparation, you may benefit from working with an experienced Portland tax attorney and CPA. With the help of a...
View ArticleCP14 IRS Notice Letter | What is it and How Do I Answer?
Have you received a CP14 IRS Notice letter that’s left you baffled? The simple explanation is that you owe the IRS money. However, a CP14 Notice doesn’t necessarily mean a heavy tax debt. Here’s a...
View ArticleOrlando Tax Attorney and CPA
Do you require assistance with tax preparation or handling certain tax issues? With the help of a dual-certified Orlando tax attorney and CPA, you can ensure no aspect goes overlooked. A tax attorney...
View Article