Posts Tagged ‘tax’

IRS tax debt relief – Steps to guide you throughout the process

Most people are unaware of the dire financial consequences of incurring IRS tax debts. If you are someone who has amassed a huge amount of IRS tax debts, you must be unaware of what to do to bring back control over this situation. Everyone is liable to pay taxes that are a part of their ...

K-1 Reporting Issue Costs Client $25,000

Occasionally a new client will ask me if they can continue to use their old tax preparer for their personal return (while my firm does all the business returns). I’m never a fan of the idea, but until this past week I didn’t realize how much of a problem it could be. In this particular ...