CLIENT LETTER EXPLAINS RECENT DEVELOPMENTS THAT MAY AFFECT YOUR TAX SITUATION Dear Clients: The following is a summary of important tax developments that have occurred in the first three months of 2018 that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these…
Taxes are fees or charges imposed by the federal and state agencies on its citizens and businesses based upon transactions (income, sale or transfers) or property value to finance government activities. It is the duty of a citizens and businesses to pay and file taxes and because various tax laws…
Every year, around the 1st of January through April 15th every working American is expected to file an income tax return with the IRS. This return is used by the IRS to determine what your overall tax bill should have been for the previous year. Using a number of forms…
The average person only has a 1 percent chance of being selected for an IRS audit. That’s one drawing you don’t want to win! If you have been chosen, though, it’s important not to panic. How you respond to an IRS audit request can have a big impact on the…
The IRS needs no introduction. However, the IRS is a United States Government body that oversees the collection and processing of taxes of varying kinds from individuals, businesses and corporations. The federal IRS tax lien is filed on taxpayers with unpaid back taxes, is an enforcement taskmaster holding individuals, businesses…
Penalty abatement is a form of tax debt relief you can avail to significantly reduce the total taxes you owe the IRS. What is Penalty Abatement? If you have a tax debt, the IRS will calculate and add penalties & interest on the amount owed. The penalties include a ‘failure…
An IRS tax problem can do more than keep you up at night with worry. Unresolved tax problems can lead to liens on your home, levies on your bank account and garnishments being taken from your pay. Get IRS tax help today by calling us at 877-788-2937. The worst thing…
IRS Urges Travelers Requiring Passports to Pay Their Back Taxes or Enter into Payment Agreements; People Owing $51,000 or More Covered The Internal Revenue Service today strongly encouraged taxpayers who are seriously behind on their taxes to pay what they owe or enter into a payment agreement with the IRS…
Reduce and lower your business personal property taxes assessment – Los Angeles, CA appeals What Are Business Personal Property Taxes? 571-L Form Most jurisdictions in the US tax your Business Property and Personal Property used in your business – once per year. Typically, tax rates are reasonable (really?), but many of…
Offer in compromise to settle your backlogged taxes – get an EA, CPA for Back Taxes Nothing can be more stressful and alarming than to face the dark side of the IRS. It can be a case were you owe back taxes following an audit, or taxes due in the…