As always the tax scammers are working full-time this tax season. Never pay anything via phone as the IRS or Social Security Administration will never demand payment via phone and…
Advanced Child Payment Letters and if they are wrong.
When you take your taxes to your tax return preparer, make sure to take the Form 6419 that outlines how much you received if you got the advanced child tax…
Anyone Still waiting on refunds or returns to be processed
Help is on the way. For those still waiting on refunds and their 2020 taxes to be processed. http://ow.ly/fnuh50HMFgH
What will trigger the IRS to look into your information?
There are a few things that will very quickly get you on the IRS's "naught list". Not appropriately handling things related to employee classifications and taxes are one of the…
Non Filers and 2021 Tax Credits
How non tax return filers can claim 2021 tax credits. http://ow.ly/ctWA50HFHJh
Follow up on AICPA Advocating
Just a follow up to a post yesterday about the AICPA advocating for taxpayers. With the IRS so far behind it is unreasonable to send automated letters to taxpayers when…
IRS Update on getting caught up………
Unfortunately it doesn't look like things are going to get any better anytime soon. The IRS is extremely behind and that is not going to change with the opening on…
AICPA Information for Taxpayers
Every chance I get I like to talk about the American Institute of Certified Public Accountants (AICPA). They are literally out there fighting for tax payers. For trusted advisors that…
Had a new child in 2021? Potential additional payments…….
Potential additional stimulus payments for those whom had children in 2021 or are adding dependents to a 2021 tax return. http://ow.ly/oEom50HFHxB
Reduce your Tax Liability
With tax season upon us looking at ways to reduce our tax liability is key. Retirement conditions are one of the best ways to do that. Simply stated, why not…