Filing your taxes can be a daunting task, but it's a responsibility that every U.S. taxpayer must fulfill. To ensure a smooth and error-free tax filing process, it's crucial...
Posted by Rosovich & Associates, Inc. on 11/30/2023
There is nothing wrong with receiving a letter from the IRS. There are approximately 75 different notices and letters from the IRS. This may be the reminder notice letter 3228 (LT39),...
Posted by Pat Raskob on 02/22/2022
Many people look forward to their wedding day when they will be beautifully dressed in a gown and suit with the couple looking forward with enthusiasm to all the beautiful things that...
When tax season is upon us, it is usually when tax professionals get panic questions from clients who are being audited by the Internal Revenue Service (IRS) because they haven't...
Posted by Karen Munoz, EA on 08/15/2021
Tax is an issue most Americans hate dealing with; yet, no magic can exclude one from paying taxes. However, it might be pretty frustrating having to try your best to fulfill your tax...
Since preparing your tax return hasn't been intimidating enough, there may be times when you need to amend a pre-filled tax return. While filling out a correct return may seem...
If you've made a mistake on your tax form, don't panic. There are processes and forms to remedy the situation.The worst thing that can happen with a mistake is interest and...
For freelancers or categories of people that earn their income from delivering papers or other jobs, it is vital to pay self-employment taxes. You could be subjected to huge fines...
Posted by Premier Accounting & Tax on 04/02/2020
In 2015, Congress adopted a centralized audit regime for the partnership (the partnership audit rules) that assesses and collects federal taxes due to a partnership-wide audit entity....
Posted by Elliot Kravitz, ATP on 02/25/2020