Year-end can be one of the most stressful times of year for small business owners. Most people experience some amount of stress during the holiday season, but for small business owners, there are additional bookkeeping, accounting, and tax planning concerns. Much of this stress is caused by the fact that options decrease when the year… [Read More].
Many taxpayers believe that tax planning is only for the wealthy. In fact, a large number of moderate-income taxpayers view the cost of hiring a CPA or Tax Attorney as an expense that comes off their bottom line, thereby reducing their income. However, what I have seen over the course of my career is that… [Read More].
Are you in shock about a tax notice that you received from the IRS? Do you wonder where tax notices come from? Many of them originate from the IRS’s Automated Underreporter (AUR) program. Using a taxpayer’s tax identification number (such as a social security number or employer identification number), the IRS compares a taxpayer’s filed… [Read More].
Deciding to hire an authorized representative (Attorney, CPA, or Enrolled Agent) to assist you with your IRS matter is often a huge stress reliever for a taxpayer that is faced with a pending examination, collection issue, or notice inquiry. But does that mean the taxpayer’s job is now done? In most cases, the answer is… [Read More].