by Ray Coronel | Dec 8, 2022 | 2022, IRS, IRS tax bills, tax laws
If you have ever had to deal with the IRS, you know it can be very intimidating, and sometimes the Agent or Officer will try to back you or your representative into a corner. IRS Agents and Revenue Officers are required to follow and adhere to the Taxpayer Bill of...
by Ray Coronel | Dec 2, 2022 | 2022, IRS Tax Deadlines, IRS Tax Problems, Tax Deadlines, tax filing, tax planning, taxes
It can happen to anyone — you complete your tax return and realize you can’t afford to pay your taxes in full this year. While this can be alarming, it’s important to remember that if you can’t pay your taxes, you likely have a few options to...
by Franskoviak Tax Solutions | Nov 15, 2022 | 2022, IRS, Tax Credits, tax filing, tax laws, tax planning, taxes
Employee Retention Tax Credit How do you best take advantage of this pandemic-related tax credit? Before you assume it’s not for you, or that you’ve already used the Employee Retention Tax Credit to its full potential, consider that there may be more...
by Franskoviak Tax Solutions | Nov 10, 2022 | 2022, IRS, tax planning, Tax Season, taxes
Year End Tax Planning For 2022 (Individual and Business) As the year draws to a close, it is important to review year-end strategies that might help lower your taxable income and your business’s taxable income for 2022. The following are some tax breaks from...
by Franskoviak Tax Solutions | Oct 27, 2022 | 2022, Information, IRS tax deliquency, IRS Tax Problems, tax planning, taxes
What is the IRS Statute of Limitations on Unfiled Tax Returns? Many taxpayers worry that the IRS will come looking for them. Even if you’ve filed your taxes on time, you may worry that you’ve made mistakes or underpaid your tax bill. If you have unfiled tax returns,...
by Franskoviak Tax Solutions | Oct 7, 2022 | 2022, IRS tax deliquency, IRS Tax Problems, Small Business, tax planning
Acquiring an IRS Audit Protection plan is one of the smartest decisions you can make for your business. If you have personal or business taxes in arrears, you may be expecting the IRS to come knocking on your door. The very thought can strike fear in the heart...