Steps in Handling Payroll Tax
Steps in Handling Payroll Tax So, your maybe business owes IRS payroll tax. You may be receiving notices that say the IRS is going to collect. The letters threaten to levy (or seize) of your assets and bank funds. You have to fix this problem. Failure to correct the problem could end your…
IRS Online Accounts Setup Scam
Don’t Talk to Strangers! (New IRS Scam) The IRS just published this new story about a new scam happening. Be careful of strangers offering help. Now, people call you, pretending to work for the IRS. They offer the “service” of helping you set up your IRS online account. They tell you that it will…
First Steps to Resolve Payroll Taxes
RESOLVE PAYROLL BACK TAXES WHERE DO YOU BEGIN? This blog has three tips on how to begin your payroll tax resolution. Payroll tax liability can be a huge problem for businesses. Especially when payroll taxes accumulate for several months (or years) without being paid to the federal or state governments. It starts with…
ERC Voluntary Disclosure Program (IRS) – Deadline March 22, 2024 to Bail Out
ERC Voluntary Disclosure Program (IRS) Deadline March 22, 2024 to Get Out Are you familiar with the March 22nd deadline for the Employee Retention Credit Voluntary Disclosure Program? Basically, if you received an Employee Retention Credit refund, and if you really were not entitled to it, the Voluntary Disclosure Program allows you to turn…
Free IRS Help Now – Form 911
Free Help for Tax Problems – Form 911 This is an IRS Form 911. It is used to contact the IRS Taxpayer Advocate’s Office. To use the Taxpayer Advocate service, just complete Form 911 and submit. Let me tell you a few things about that service, and how it is commonly used….
How to Handle Due Diligence Audits
How to Handle Due Diligence Audits Tax return preparers, if you are facing an IRS due diligence audit, let me give you some guidance. You may have even heard stories, advice, or other information from YouTube, from other tax return preparers, or even tax resolution professionals. A lot of this information won’t help you…
IRS Letter LT38
IRS LETTER LT38 In 2020, due to COVID-19, the IRS began to suspend most of its collection enforcements and bank fund seizures. This courtesy was a form of COVID relief. Also, some automatic penalty relief was granted for 2019 and 2020 tax returns. Thank you, IRS. But that suspension has ended. Now, the…
Find W-2 Forms for Bigger State Refunds
Find W-2 Forms for Bigger State Refunds Take a look at this IRS form W2. Most of us know that this form is important when preparing and filing your tax return. Every year the information from this form is included within your tax return. But also, attach this form to your federal and…
IRS Text Message Scam – Watch Out!
IRS Text Message Scam – Watch Out! The image shown is a text message sent to millions of American cell phones. It begins with the words “IRS Government”. The message goes on to state that: “The system detects an error in the calculation of your tax please complete the data for a tax…
How to Help Your Boss(3 Ways to be the MVP)
How to Help Your Boss with Tax Issues (3 Ways) This article is to help employees of companies with owners who are overwhelmed. This especially applies if you work for a struggling business that is having trouble keeping enough cash flow. Some of the signs of a struggling company may be: Payroll is often slow,…