Getting a notice from Uncle Sam does not necessarily mean you are in trouble. When you get any notice from Uncle Sam, there are many courses of action to take. So the best plan is...
Posted by Income Taxes and Bookkeeping LLC on 06/25/2021
The IRS has updated and revised its revenue procedures governing determination letters, letter ruling, and other guidelines, including guidelines on employee benefit plans. These income...
Posted by Abundant Wealth Planning LLC on 02/17/2021
In the guide addressing COVID-19 (the disease resulting from the 2019 novel coronavirus), the I.R.S. has removed some barriers to testing and treating COVID-19 according to the Health...
Posted by Unifirst Financial & Tax Consultants on 10/21/2020
One way to reduce your taxable income and lower your tax bill is to donate to qualified charities. This involves itemizing deduction to qualify to claim it. The only condition where...
Posted by The TaxAdvocate Group, LLC on 08/07/2020
If you’re one of the many people who does have insurance but does not fully cover medical expenses such as unexpected emergencies, then you’re probably now finding ways...
Posted by Unifirst Financial & Tax Consultants on 02/27/2019
The IRS has issued guidelines on the denial and revocation of passports due to serious tax violations. The IRS must notify the State Department when a person has a "serious"...
Posted by Carmen Garcia on 04/09/2021
The Internal Revenue Service (IRS) recently published comprehensive information on their website on tax policy for the cannabis industry, specifically the marijuana industry. The site...
Posted by Don Bell Law on 12/26/2020
The Internal Revenue Service, for the most part, educates taxpayers to hold duplicates concerning all tax returns and any applicable supporting documentation for at any rate the past...
Posted by Advantage Tax Services, Inc. on 05/24/2019
When it comes to earning income from a vacation home might seem a smart idea, it also involves more than just collecting those rental checks. You will also have some tax responsibilities...
Posted by James Wells EA MBA Tax Office on 03/03/2016
