Tag: accounting services

We’ll go over the four CARES Act relief programs: Paycheck Protection Program, Economic Injury Disaster Loans, Employee Retention Credit, and Payroll Tax Postponement in order to assess your taxes. Depending... Read More

An Alternative Minimum Tax (AMT) is another method to calculate income tax for individuals. AMT is a different way. To calculate your tax, if your income reaches a specific level,... Read More

An amended tax return is a form provided by the IRS for making changes to a prior year’s tax return. An amended return can be used for a variety of... Read More

Every American is required by the IRS to file their taxes each year, with the assumption that they will pay their tax obligation immediately after filing. The majority of taxpayers... Read More

The IRS can send many notices to your house that were uncalled for, and they could be confusing and stressful to look at. These notices can go over your head... Read More

An IRS payment plan is an agreement between the IRS and the taxpayer to pay the taxes outstanding within a specific time frame. The IRS offers these plans to taxpayers... Read More

Payroll taxes are the most strictly enforced by the IRS of any sort of tax. They are highly concerned about unpaid payroll taxes and have hefty penalties for late payment.... Read More

IRS audits are uncommon, but they can be extremely harmful if not handled properly with appropriate representation and proof. Many taxpayers become terrified when they hear the words “audit,” particularly... Read More