I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. There is an age old question out there about whether or not you should or are required to pay your workers as employees, rather than an independent contractor. Read more about <strong>IRS Definition of Independent Contractor vs. Employee</strong>[…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Well the end of the 2021 Tax Season has officially came and went. My 24th tax season in fact. And by now you’ve figured out if you haven’t Read more about Official End of the 2021 Tax Season[…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. We are now heading into the “home stretch”, of what is officially the end of the 2021 Tax Season. Some time in mid November, a moratorium on electronic Read more about End of the 2021 Tax Season[…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Today, we are going to switch it up a bit, and discuss the role of payroll, and the hidden issues that could lurking for unsuspecting businesses that use Read more about Don’t Take the Bait![…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Penalty abatement should be on your radar anytime you have a substantial obligation to the Internal Revenue Service/ U.S. Treasury. Of course, you must have a plan of Read more about Penalty Abatement (Bad Accountant defense)[…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The Internal Revenue Service (IRS) is beginning to ramp up their enforcement actions against taxpayers that are not in compliance. They have already started to report all taxpayers Read more about Passport Blues![…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. We talk frequently about requesting from the Internal Revenue Service (IRS), penalty abatement for past tax obligations. If you’re wondering about how to do such a thing without Read more about Penalty Abatement, Please […]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Now that President Joe Biden has signed into law the Inflation Reduction Act bill. We practitioners are as anxious as Secretary Janet Yellen seems to be, as she Read more about And Now the Inflation Reduction Act![…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. As we continue with our series in discussing “innocent spouse” relief, and what we anticipate to be the rise of this defense as the IRS gets back to Read more about Make Your Case[…]
I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Recently, Joe Blow taxpayer. Received a Final Determination concerning the taxpayer’s Form 8857 Request for Innocent Spouse Relief for three of the last four tax years, in which Read more about Innocent Spouse Relief[…]