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- Jun 22, 2022
- 1 min
67. 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...
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- Jun 16, 2022
- 4 min
66. 1040x Amended (Corrected) Tax return. True Stories (All names are changed)
Important! You can correct your taxes for the last three years! Story 1 Clients Alice and Erik came to our office with a recommendation...
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- May 12, 2022
- 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...
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- May 11, 2022
- 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...
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- Feb 16, 2022
- 1 min
50. 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...
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