USE TAX CALCULATOR TO MAKE ACCURATE RETURN

Use tax calculator to make accurate return. With the Tax Season for the majority of Taxpayers now behind us, the IRS is memo IR-2022-81, April 13, 2022, is urging Taxpayers to use the Withholding Estimator to ensure the accuracy of tax returns. The Withholding Calculator is a Free toll you can find on the IRS […]

TAX RETURN EXTENSION SOME QUALIFY INSTANTLY

Tax return extension some qualify instantly. Although the deadline for filing a tax return extension has passed for the large majority of taxpayers filing a IRS tax return, some taxpayers qualify automatically to file depending upon a few set of circumstances. Disaster victims, taxpayers serving in combat zones, and those living abroad automatically have longer […]

UNITED STATES MOVING TOWARDS CRYPTO

United States moving towards crypto. President Joe Biden is expected to sign a order that will be a beginning of the regulation of the cryptocurrency asset class, and will be used to regulate how the digital currency is traded. It is also being done, coincidentally, due to the Ukraine invasion, and the economic sanctions on […]

VIRTUAL CURRENCY FOR GOODS AND SERVICES

Virtual currency for goods and services. Whether you are ready or not, our clients are actively operating in the virtual world and that includes the payment for goods and services by Bitcoin or one of the other cryptocurrencies. The IRS has been very active in deciphering this new world and making sense of it for […]

TAX DISPUTE ONE OF LARGEST BY IRS

Tax dispute one of largest by IRS. A little known decision by the Internal Revenue Service’s appeals unit may spell trouble for legendary investor Jim Simons, who’s embroiled in a multi-billion dollar tax dispute with the agency. Reviewing the audit of an investment manager in Connecticut, the IRS Office of Appeals rejected a tax-avoidance maneuver […]

IMPORTANT 2019 ROTH IRS RULES

Important 2019 roth irs rules. A Roth IRA is a form of tax benefited retirement account. With Roth IRAs your contributions are not tax deductible, but your eventual withdrawals will be. This makes Roth IRSs a great way to ensure your financial security well into retirement. However, there are many rules about who can contribute […]

PREPARING FOR TAX SEASON

Preparing for tax season. Well 2018 is behind us and now that dreaded time of the year is near, tax season. Tax day is April 15th, 2019, and even though it is still a few months away, it’s never tool early to start getting everything you need to file in order. By the time it’s […]

IRS REVENUE OFFICER ?

IRS Revenue Officer ? The IRS has created a special http://irs.govnew page on www.irs.gov to help taxpayers determine if a person visiting their home or place of business claiming to be from the IRS is a legitimate IRS revenue officer or an imposter. With continuing phone scams and inn person scams taking place across the […]