Tax Woes? Hire A Pro! Don’t Let Unfiled Taxes Steal Your Peace
Hey, you up? Yeah, I figured. It’s that 3 a.m. dread, isn’t it? The one where you’re lying in bed, staring at …
Tax News
The Surprising Reason Why You’re Just One Move Away from a Zero Balance with the IRS
Did you know that a staggering 14 million Americans owe back taxes to the IRS? Yeah, you read that right. Fourteen million. …
The IRS Paperless Processing Initiative: A New Dawn for Taxpayers with Back Taxes and Unfiled Returns
The Internal Revenue Service (IRS) is undergoing a digital transformation with its Paperless Processing Initiative, aiming to make tax filing and correspondence …
Understanding the Employee Retention Credit (ERC) Withdrawal System
Overview The Internal Revenue Service (IRS) has introduced a unique feature allowing businesses to retract their Employee Retention Credit (ERC) claims. This …
Tax Court Petition Deadlines & Your Rights After Culp: Understanding the Shift
Decoding the IRS Notice of Deficiency and The Deadline Dilemma The world of taxes is complicated, yet imperative to navigate. Let’s delve …
Millions of Retirement Savers Are Losing Some of Their Tax Breaks: 401(k) Catch-Up Contributions
Retirement is a journey that millions of Americans prepare for, with the 401(k) retirement savings plan acting as their vessel. For years, …
The IRS Puts a Full Stop on New Covid-Era ERC Claims: What it Means for Back Taxes and Small Businesses
Just when you thought you were getting a grip on your back taxes, the IRS throws another curveball into the mix. With …
The IRS Crack Down: A New Era of Tax Compliance or a Political Chess Game?
by Kelly Hanley, Esq. New Targets: IRS Auditors Cracking Down on 1,600 Millionaires and Millions of Dollars in 2023 The Internal Revenue …
IRS Audit Focus on Large Partnerships and High-income Taxpayers
In a significant move, the Internal Revenue Service (IRS) has announced a shift in its audit focus, targeting large partnerships and high-income …
