Keeping old tax records can save you time and effort if you are audited or need to file an amended tax return. Previous tax returns can also help you document your income when applying...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/24/2022
Settling an estate means paying the final tax bill. You can use the usual tax forms and Internal Revenue Service guidelines to file taxes on behalf of a deceased person, but it is...
Posted by Taxes Made EZ Inc on 06/24/2022
There is a lot to be done as an individual or business owner. People juggle between everyday tasks with little or no spare time to file taxes. A tax bill from Uncle Sam can halt business...
Posted by Tiffany Gaskin on 06/24/2022
A spouse usually signs joint tax returns with the knowledge to face the due tax, penalties, and interest accompanying the tax return. According to the IRS (Internal Revenue Service),...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/31/2022
Year in and year out, taxpayers are being audited to ensure they adhere to tax rules. Getting a letter from an auditor increases as your income increases. About 1 in 160 taxpayers...
Posted by James Financial Services Inc on 05/31/2022
Tax refunds are issued a few weeks after returns have been filed. But due to Covid-19, it takes much longer than a few weeks now. IRS says tax refunds are issued within 21 days. But...
Posted by KLSM CPA Firm PLLC on 05/31/2022
There are times you might need to make some adjustments on your tax return even after submission. Filing an amended tax return is the way to go, as a second chance will come in really...
Posted by Tiffany Gaskin on 05/31/2022
A federal or state law provides taxpayers with procedural and substantive safeguards when dealing with a Department of Revenue in a tax collection dispute.Perceived abuses by the IRS...
Posted by Abundant Wealth Planning LLC on 05/27/2022
E-filing has become perhaps the most popular way to file tax returns due to the convenience and faster response times it provides taxpayers. Also, it can help reduce the number of...
Posted by Taxes Made EZ Inc on 05/22/2022
