Search

- May 13
- 4 min
65. Why the IRS Audits You and What to Do if You Are Audited?
If you just received a notice that your taxes are being audited: what does it mean? A Tax Audit is an accounting procedure where the IRS...
5 views0 comments

- May 12
- 1 min
62. What records should I keep for taxes and for how long?
According to the IRS, records should be kept for 3 years from the date you filed your original return, and for 7 years if you file a...
9 views0 comments

- May 12
- 1 min
63. I made a mistake on my Tax Return, what should I do?
You must file an amended tax return entering the corrected info and an explanation of why are you changing your report. Based on the...
10 views0 comments

- May 12
- 1 min
64. Have you got a letter from the IRS? Don’t ignore it. Don’t panic and act on time.
What to do: Verify why exactly the IRS sent you a letter. The agency categorizes notices to: – information letters (the agency wants to...
7 views0 comments

- Apr 4
- 1 min
44. How long should I keep my tax records?
Should keep your individual federal tax returns for at least three years. As a general rule, that's how long IRS has to question items on...
6 views0 comments

- Apr 4
- 1 min
61. How to get an extension to file?
Call us today if you want to file an extension! United States Tax Services: contact@unitedstatestaxservices.us...
8 views0 comments

- Apr 4
- 1 min
60. If an individual taxpayer owes taxes, but can't pay in full by April 18, 2022 deadline
Call us today if you want to file an extension! United States Tax Services: contact@unitedstatestaxservices.us...
7 views0 comments

- Apr 1
- 2 min
59. Taxpayers should file their tax returns on time to avoid costly interest and penalty fees
Taxpayers should file their tax returns by the deadline even if they cannot pay their full tax bill. Taxpayers who owe taxes and don't...
6 views0 comments

- Feb 25
- 3 min
57. Tax optimization with 401K Solo MUST have payroll!
Get ready to launch a solo 401(k) retirement plan Most contributions and other limits for retirement plans only budged slightly for...
11 views0 comments

- Feb 25
- 3 min
43. ARE YOU AN INDEPENDENT CONTRACTOR OR AN EMPLOYEE?
It is critical that business owners correctly determine whether the individuals providing services are employees or independent...
14 views0 comments

- Feb 18
- 1 min
52. Protection PIN for Individuals
IRS wants more individual taxpayers to get identity-protection PINS as extra protection from tax identity theft. The IP PIN is a...
12 views0 comments

- Feb 16
- 1 min
56. Error in form W2 or 1099?
Substance over form. Have you received a W-2 or 1099 with an error? Check forms carefully to ensure accuracy. If you discover a mistake,...
12 views0 comments

- Feb 10
- 1 min
53. Low-Income Taxpayer
Low-incomers needn't pay back credit overpayments. But others will have to. Families with 2021 modified adjusted gross incomes at or...
11 views0 comments

- Feb 10
- 1 min
34. R - Happy February
By now you should have received all of your tax forms from your employers, schools, banks, and other institutions! It is a great time to...
10 views0 comments

- Feb 7
- 1 min
51. Child Tax Credit
The monthly child credit payments aren't taxable. On your 2021 Form 1040, which you file next year, you'll reconcile the payments you got...
9 views0 comments

- Feb 3
- 1 min
46. You can correct your taxes for the last three years!
1040x Corrected Tax return. True Story #1 Important! You can correct your taxes for the last three years! (All names are changed) Clients...
14 views0 comments

- Feb 2
- 1 min
45. Insurance check
I had a car crash last year, my car was completely destroyed. The insurance company has sent me a $ 7500.00 USD check. Do I need to pay...
10 views0 comments

- Jan 31
- 1 min
42. NEW CORP IN DECEMBER
I opened a corporation in December of last year. I did not have any operations or activities. Do I need to file taxes for my business?...
8 views0 comments

- Jan 29
- 1 min
37. No April 15th: Tax filing deadline changed for 2022
April 15 is traditionally tax deadline day for the Internal Revenue Service. That’s not the case in 2022, however, and the change has to...
20 views0 comments

- Jan 29
- 1 min
33. Odometer reader
US Tax Services recommends, taking a picture of the Odometer reader to all business owners who use a vehicle for business purposes. By...
6 views0 comments
