If you still owe tax to the IRS, the CP503 is usually the third notice you will receive. When your business owes tax, it will be the second notice of four. Just as prior IRS notices, this letter notifies you…
Filing taxes for 2020 was…challenging. Yes, that’s a good way to put it. Not impossible, but not exactly fun, either. While your 2021 return hopefully won’t be quite as much of a challenge, there are still several unusual factors to…
A Closer Look At The Facts There are a variety of choices available for help with tax preparation in Pembroke Pines, Miramar, Cooper City, Hollywood and Miami, FL. Qualified Certified Public Accountants (CPAs) and corporate data entry service providers, such…
A Taxpayer’s Guide to Undergoing a Tax Examination The IRS tax audit process is one that every taxpayer should be familiar with. In particular, people who have had self-employment expenses/deductions or received tax refunds in the past. Even the most simple…
Obtaining the Necessary Information and Representation to Aid Your Upcoming Audit So, your business has received notice of an impending audit. The experience can be daunting for any taxpayer regardless of the circumstance. One must understand the necessary steps needed…
When it comes to US expat taxes, if you are living abroad, the rules are a little different. Expats that work or live in another country may find it difficult to understand US tax code on their own without the assistance…
There are a variety of choices available for help with tax preparation and tax filing in your FL city. Qualified Certified Public Accountants (CPAs) and corporate data entry service providers, like H&R Block, are both available. It is important to…
Keeping In Compliance With The IRS Guidelines All year you collect receipts and save documents for your taxes, but how long should you keep your receipts in case you are audited? First, let’s look at the different IRS statute of limitations. These…
Even the best of doctors may face unique financial challenges. However, doctors are cutting costs to enjoy financial stability. Careful financial planning for doctors can get them to a better place later in life. Doctors can enjoy financial stability if…
If you received IRS notice CP521, this is a reminder that your IRS monthly installment payment is now due. IRS CP521 should not come as a surprise. It is a priorly arranged installment agreement to pay the amount owed to…