IRS compliance check is far from an audit. It is more like a chat and an effort from the Federal-State Local Employment Tax (FSLET) Compliance Program. We will explore the meaning...
Posted by BEST FINANCIAL GROUP LTD on 08/07/2020
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
There are many forms of debt people might owe the IRS. It could be back taxes, unpaid taxes, or income taxes. Back tax is becoming a more significant issue as many people find themselves...
To file an amended tax return, you will need to fill the Internal Revenue Service Form 1040X (This is the Amended U.S. Individual Income Tax Return) and send it to the IRS. The tax...
Posted by Daniel P Vigilante CPA and Profit Consultants on 07/24/2020
Maintaining and caring for a child involves a lot of work. Adoption, as well, is a costly process. Prepare to spend within a range of $5,000 to $40,000 if you do it privately or via...
Posted by BEST FINANCIAL GROUP LTD on 07/23/2020
We all have big plans for our tax refunds. It is one of the few things many Americans look forward to. Out of excitement, many people check their mailbox and bank account daily in...
Posted by The TaxAdvocate Group, LLC on 07/16/2020
Do you have teenagers? Do you want them to learn the proper way of handling money?Teaching finances to your teen is significant at their young age for them to prepare for financial...
Posted by The TaxAdvocate Group, LLC on 07/16/2020
What is Form 6781: Profits and Losses from Section 1256 of Straddles and Contracts?Most options and futures traders should familiarize themselves with the Internal Revenue Service's...
Posted by BEST FINANCIAL GROUP LTD on 07/16/2020
Trying to hide your income from Uncle Sam is a bad idea. Even if you are smart enough to hide it, the credit info alongside third party banking can get the IRS's radar on youAt...
Posted by Daniel P Vigilante CPA and Profit Consultants on 07/16/2020
