Third quarter estimated tax payments due Sept 15
WASHINGTON – The Internal Revenue Service today reminded the self-employed, investors, retirees and others with income not subject to withholding...
2020 Home Office Tax Deduction
Worked from home in the year of 2020? Of Course you did! What you need to know about the home...
IRS Taxes Due July 15
Taxpayers need to resume payments by July 15 WASHINGTON – The IRS today reminds taxpayers who took advantage of the...
The IRS is Revoking U.S. Passports!
Act Promptly or the IRS May Revoke Your Passport! Under the Fixing America’s Surface Transportation (FAST) Act, the IRS notifies...
The Stunning IRS Ruling That May Bankrupt Small Businesses That Took PPP Loans
The Paycheck Protection Program rolled out with great fanfare to help save small businesses during the coronavirus pandemic. But something...
What is An IRS Trust Fund Recovery Penalty
Many small business owners may get behind on employment taxes or payroll taxes and think they will be able to...
What Are the IRS Statutes of Limitations On Collections
IRS collection statute expiration dates One of the most common questions that clients ask is “Isn’t there some kind of...
What To Do With Seriously Delinquent Taxes
The IRS has started to employ a new and creative method to force taxpayers to the table. More and more...
Tax Resolution Options
Let’s briefly discuss resolution options when you find yourself with IRS tax liability. If you're getting ready to file your 2024...
Tax Levies and Tax Liens – What’s the Difference?
Tomayto Tomahto, Potayto Patahto - aren't levies and liens the same thing? The short answer is NO. Taxpayers often use...
IRS and State Tax Compliance
The Internal Revenue Service (IRS) and all state taxing authorities expect taxpayers to be “compliant” and to know what compliance...
Can the IRS Garnish My Spouse’s Wages?
There are so many terrifying stories out there about the IRS that it’s hard to know what is true and...
How to Deal with Mistakes on Your Tax Return
People make mistakes all the time on their tax returns—it happens. Maybe you already sent off that return, but completely...
Tax Court Rules in Favor of Man Whose Wife Embezzled
In 2011, Rick Jacobsen’s wife was arrested for and ultimately convicted of embezzling almost $500,000 from the blood bank where...
Can You Amend Your Tax Return?
You’ve just pushed “E-File” from your tax software, and you feel great knowing you’re done dealing with the big bad...
