Category: General
Capital Gain Tax: How to Secure the Lowest Rates
Dec 05, 2023
Most possessions you own, whether used for personal or investment purposes, are considered capital assets. These may include your home, vehicle, furniture, jewelry, and investment-held assets like stocks and bonds. When you decide…
IRS CP2000 Notice: What You Need to Know
Nov 20, 2023
If you’ve received a notice from the IRS with the code CP2000, don’t panic. This notice is a communication from the IRS that aims to reconcile discrepancies between the income you reported on…
How to Avoid IRS Penalties and Interests: Save Money Now
Nov 16, 2023
Tax season can be stressful for many individuals, and the last thing anyone wants is to face tax penalties. When it comes to filing your taxes, ensuring accuracy is essential, as even a…
How To Overcome Unpaid Taxes For Small Business Owners
Nov 07, 2023
Running a business is not easy. Some years bring success, while others can be a struggle. But one constant in the life of a business owner is the IRS, who will always come…
10 Surefire Tax Pitfalls That Invite IRS Trouble: How to Avoid?
Oct 20, 2023
Paying taxes is a civic responsibility that every hardworking American encounters. Yet, the intricate maze of tax regulations can often lead individuals into IRS trouble, whether due to unintentional oversight or deliberate actions.…
IRS Substitute for Return: Reasons Why Unfiled Taxes Are Disastrous
Oct 13, 2023
Filing taxes is a responsibility that none of us can escape, yet thousands of taxpayers find themselves in a difficult situation every year. They fail to file their tax returns, and when that…
IRS CP22a Notice: How to Pay a Whopping Tax Debt
Oct 06, 2023
If you’ve received a notice from the IRS, it’s essential to understand what it means and what steps you should take. If you ended up with an IRS Notice CP22A in your mailbox,…
IRS Notice CP21B: How to Get Your Tax Refund
Sep 27, 2023
It’s that time of year once again when the mailbox delivers not just bills and flyers, but also the unexpected letters from the IRS. It’s completely normal to feel a sense of unease…
Ease Your Worry: 5 Important Tips for Gig Workers to Reduce IRS Audit Risk
Sep 20, 2023
The transition from traditional employment to self-employment is becoming more common, with many workers now entering the gig economy. The IRS has taken notice of this shift and is paying closer attention to…
IRS Notice CP49: How to Stop Refund Seizure – Don’t Panic!
Sep 13, 2023
IRS Notice CP49 is a significant document that can land in your mailbox and may cause concern and confusion. If you’ve received this notice, it’s critical to understand its implications and the necessary…