Search

- 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

- Nov 25, 2021
- 1 min
Don’t waste money on penalties!
Don’t waste money on penalties! Penalties apply when you owe taxes or did not file a tax return or extension. Keep in mind that the...
2 views0 comments

- Nov 24, 2021
- 1 min
C corporations deadline and penalty
C-corporations must file a tax return on Form 1120 every year. The filing deadline on C corporation (Form 1120) is April, 15 this year...
3 views0 comments

- Nov 24, 2021
- 1 min
IRS LETTER – DO YOU KNOW WHAT YOU ARE PAYING FOR?
IRS LETTER – DO YOU KNOW WHAT YOU ARE PAYING FOR? When you get a letter from the IRS asking you to pay, what do you do? Do you put it...
4 views0 comments

- Jun 18, 2021
- 1 min
What Is a Tax Extension and Why Would I Need One?
If you don’t believe that you can get your tax paperwork together by the April deadline, then an extension is your best option. You can...
3 views0 comments