by Candy | Apr 3, 2018 | News, Taxes
Here’s some good news for taxpayers with three or more consecutive years of great compliance history: if you had a clean tax record prior to recent penalties, you can apply to have those fees waved through the First-Time Penalty Abatement Program (FTA). Created in...
by Candy | Mar 27, 2018 | Featured, Taxes
It’s a scary thing: to realize you owe more taxes than you can possibly pay off. But before you panic, did you know that the IRS has a policy to assist in just such cases, outside of a loan or payment plan? Known as an Offer in Compromise (OIC), if a taxpayer finds...
by Candy | Mar 16, 2018 | Featured, Taxes
We’re now in the middle of tax season, and with it the IRS has released a warning about a new scam that targets tax professionals, files fake returns, and has taxpayers sending refund money straight into the scammer’s account. To help keep your accounts safe, here’s...
by Candy | Jan 30, 2018 | Featured, Taxes
Are you expecting a tax refund for 2017? The IRS started processing returns on January 29. If you’re one of the millions of Americans who are asking, “When can I expect my income tax refund?” we have the answer. It depends on a couple of things, but...
by Candy | Jan 9, 2018 | Featured, Taxes
In the last post, I discussed the exceptions to the 1099 rules. If you missed the post, you can read it here. Today I’m going to explain how to properly fill out the forms required by the IRS. There is a lot of information listed in the IRS...
by Candy | Dec 26, 2017 | Featured, Taxes
Are you a resident of California affected by the recent fires? There have been emergency proclamations in the counties of Santa Barbara, San Diego, Los Angeles, and Ventura. The state of emergency has caused building owners to ask about whether property taxes need to...
