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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?![…]
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. Hopefully, you’ve heard somewhere from someone that you should look into reviewing your tax returns every so often. The recommendation is every four(4) years, just in case a Read more about Review your Tax Returns![…]
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 our 24th! regular (this year was anything but…) tax season comes to a close. We’d like to thank all of those that chose to patronize our business, Read more about Another Busy Season is in the Books![…]
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![…]
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?[…]
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?[…]
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[…]
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. Currently, the IRS is issuing refunds automatically to taxpayers who claimed unemployment benefits on their taxes, but happened to file their returns before the unemployment exclusion was available Read more about Some States Require Amended Tax Returns for $10,200 Unemployment Tax Break Refunds[…]
I hope you have managed to stay safe and well! We focus on resolving tax issues (Representation, Resolution, Preparation and Planning) in Prince William County and throughout the lower Northern Virginia area. Barely a week after President Joe Biden signed the Paycheck Protection Program (PPP) extension into law, the SBA has announced that funding is Read more about PPP running low on funding after deadline extension[…]
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 “2020” Tax Season has been one of the most confusing tax seasons on record. What, with possibly having to file for missing stimulus money on your 2020 Read more about Deciding whether or Not to Amend Your Taxes![…]