Sales Tax! Are You Fully Complying?

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 you decided to enter the arena that is Entrepreneurship, be sure to keep your business in compliance. We find a number of businesses just starting out Read more about Sales Tax! Are You Fully Complying?[…]

Help there’s a Lien! Or a Levy!?

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. So, the IRS finally got around to notifying the “World” that you have a lien against you. Emphasis is placed on the word “notifying”, because the Notice of Read more about Help there’s a Lien! Or a Levy!?[…]

I Just Received My Final Notice! Now What?

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. I told you before that the IRS has every intention to resume their full collection efforts, after adopting a gentler approach during the height of the pandemic, with Read more about I Just Received My Final Notice! Now What?[…]

June 15th is the Date the Hammer Drops!

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. Don’t look now, but the giant is awake. The IRS has indicated that it will send out several million final notices (Letter 11, CP90, etc) to taxpayers who Read more about June 15th is the Date the Hammer Drops![…]

Here they come?!

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 IRS suspects that revenue lost from tax cheating numbers into the Trillions of Dollar$. This figure takes into account noncompliance regarding transactions from virtual currency (hence the Read more about Here they come?![…]

Remember to File for an Extension, if you need it!

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. I’m writing this to remind taxpayers that if you can’t to file your tax returns by the date the returns are due, to please file for an Extension. Read more about Remember to File for an Extension, if you need it![…]

Got Cancelled Debt, How Much is Income?

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 IRS recently disagreed with a Tax Court case on the insolvency exclusion and pensions. Under the Internal Revenue Code, taxpayers whose liabilities are greater than the value Read more about Got Cancelled Debt, How Much is Income?[…]

Disagree with an IRS Audit Determination?

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. Do you disagree with an IRS audit determination? If this is the case. You should seriously think about appealing it the determination to the IRS’s Office of Appeals. Read more about Disagree with an IRS Audit Determination?[…]

Everything We Know About The New Child Tax Credit So Far

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 you know by now, On March 11, 2021, President Biden signed into law H.R. 1319 – the American Rescue Plan Act (from here forward referred to as Read more about Everything We Know About The New Child Tax Credit So Far[…]