Can You Believe This? The Newest on Fake Charities!
Can You Believe This? The Newest on Fake Charities! This post is to help anyone. I want to especially advise our seniors, and friends who may be challenged with speaking English. These matters. There are charity causes created by disease, weather, disaster, and even war that are actively seeking help from the public. And…
If the Government Shuts Down, Do I Still Have to Pay Taxes?
If the Government Shuts Down, Do I Still Have to Pay Taxes? First Thing: How Does a Government Shut-Down Affect the IRS Without an approved budget to, in part, fund the governmental operations, the U.S. government operations may become suspended effective October 1, 2023. This would be the 4th of these events in…
Tax Law Offices Receives BBB Complaint Free Award!
Tax Law Offices Receives BBB Complaint Free Award! Tax Law Offices once again reached an annual milestone – the BBB Complaint Free Award for 2022. This honor is awarded to those companies that show the highest level of customer care in avoiding complaints through the Better Business Bureau (BBB). At Tax Law…
Can IRS Tax My PPP Loan?
Can IRS Tax My PPP Loan? Business Owners – Did you know Paycheck Protection Loan forgiveness may not always be tax-free? Here are three things you need to know. #1 If you had a legitimate business in operation by February 15th, 2020, and took out a PPP Loan, your loan is…
Happy Holidays!!
Happy Holidays!! With so much focus on our Tax Matters practice, sometimes we forget just to stop to say THANK YOU! You have been a part of our year, no matter whether you’re a client, business owner, fellow accountant, or fellow lawyer. Our Tax Law Offices have enjoyed helping solve IRS tax problems for you and…
Using LLC’s to Get the Employee Retention Credit
Using LLC’s to Get the Employee Retention Credit It seems like everyone is talking about the Employee Retention Credit (ERC). First of all, what is the ERC? The ERC is a refundable tax credit for businesses that continued paying their employees while shut down during the pandemic. Businesses that had a large reduction…
IRS Audits – Everything You Need to Know
IRS Audits – Everything You Need to Know The filing deadline has passed, and tax returns have been filed. Many Americans have gone from worrying about getting their returns filed to worrying about hearing those dreaded words “IRS Audit.” Even the thought of being audited strikes fear in most people’s hearts. So today, we…
Can You Hide from the IRS in Another Country?
Can You Hide from the IRS in Another Country? Sometimes a person can get into so much trouble with the IRS that they end up owing hundreds of thousands or maybe even millions of dollars in unpaid taxes. Maybe it was in personal taxes or maybe they owned a business and didn’t pay…
7 Secrets About Tax Refunds
7 Secrets About Tax Refunds Tax season just ended, so now the thing on everyone’s mind is their tax refund. How much will my refund be? When will I get it? Today, we will talk about some things that you may not know about tax refunds. Secret #1 …
IRS Set 2 Traps for Payroll Taxes – How to Protect Yourself
IRS Set 2 Traps for Payroll Taxes – How to Protect Yourself If your business has problems with IRS payroll taxes, this blog is for you. The IRS set 2 traps for that business owner that’s fallen behind on payroll taxes, and you need to know about them. The first trap is financial….