IRS Troubles: 3 Things You Probably Didn't Know You Could Do

Posted on: 6 June 2019

A letter from the IRS can strike fear in the hearts of many Americans. Before you panic about levies, fines, and frozen assets, call a tax professional. You may be surprised at how easy it is to come to a satisfactory resolution with the IRS. In fact, there are probably solutions to your tax problems that you have never even heard of.  Innocent Spouse Tax Relief The innocent spouse tax relief program is just what it sounds like — help for a spouse who had no idea what was erroneously reported or omitted from a tax return.
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Can Your Old Tax Returns Be Audited?

Posted on: 2 May 2019

You file your taxes, the return is accepted, and you even receive your refund in the mail — tax season was a success, right? The answer to this question is not always yes. The reality is that the IRS does have a legal right to audit your tax returns, even after a return is completed. While the general audit guideline is three-years, in certain situations, the IRS can request an audit beyond this timeframe.
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Got A Tax Bite This Year? 5 Steps For Next Year

Posted on: 13 February 2019

Many Americans have discovered that their 2018 income taxes were vastly different than their 2017 taxes — often resulting in significantly lower refunds or even amounts due. If this happened to you, what should you do to ensure that 2019 isn't a repeat? Here are a few steps to take. Consider a Pass-Through Entity. Pass-through entities are small business ventures that don't file separate taxes from the owners. They generally include LLCs, sole proprietorships, and partnerships.
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New To Filing Taxes? What You Need To Know About Filling Out A 1040 Tax Form

Posted on: 20 October 2018

Most individuals fill out a 1040 tax form. This tax form is the general tax form that most individuals use for filling out taxes. Although this is one of the easier tax forms to fill out, it still requires a lot of information and attention to detail be used while filling out the form.  Start with Personal Information At the top of the tax form, you just need to provide your basic personal information, such as your name, address, and social security number.
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