Do you owe money to the IRS?
Do you owe money to the IRS? Are you worried about ruining your credit? Is the extra government money running out soon? […]
Tag: CPA
House Ways and Means leadership alarmed by new identity theft scheme
The chairman and ranking member of the House Ways and Means Committee on Feb. 22 wrote to IRS Commissioner Charles Rettig about […]
IRS warning about corporate domestic production activities deduction refund claims
In a News Release, IRS has said that it has received a wave of questionable amended returns and claims for tax benefits […]
Employee retention credit guidance includes rules for PPP borrowers
Notice 2021-20, 2021-11; IR 2021-48, 3/1/2021 Not. 2021-20 IR-2021-48 In a Notice and accompanying News Release, IRS has issued guidance for employers claiming […]
House passes COVID-19 relief package
American Rescue Plan Act of 2021, as approved by the House Budget Committee House amendments to American Rescue Plan Act The House […]
Employee vs. Independent Contractor
Article by David Heier For years, the United States Treasury has relied upon employers to be their unpaid tax collectors. Most people […]
Tuition Savings for PA Residents
PENNSYLVANIA RESIDENTS January 2015 Do you have children or grandchildren in college, or planning on going to college? Are you disgusted with […]
What to do when the IRS won’t accept an OIC
Case Study Situation: A contractor from Cherry Hill, NJ got into trouble with delinquent tax returns and business returns. The taxpayer is […]
Divorce, Out of Work, Out of Country, Delinquent IRS Returns
Case Study Situation: This Tampa, Florida taxpayer got divorced lost most of his assets in the divorce settlement. He received a substantial […]
Offer In Compromise (OIC) Successful Settlement for Reduced IRS Payments
Case Study Situation: A professional taxpayer in Bucks County, PA who owned his own home, became very ill and was no longer […]