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Tax Planning, Tax Requirements, Tax Updates

IRS Announces New Program For Tax Payers to Withdraw Employee Retention Tax Credit Refund Claims

October 27, 2023October 27, 2023RobertEmployee Retention Credit

Quick important note: Unless you have been living under a rock in the last year, you most likely heard (and still hearing) ads promoting businesses to take the Employee Retention Credit (ERC). Many of the ads are from unscrupulous advisors without credentials,
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rentals in a storm
Tax Planning, Tax Requirements, Tax Updates

IRS Issues Notice Extending Tax Filing & Payment Deadline for California Storm Victims

October 20, 2023October 20, 2023Robert

Some relief from the California storms Due to the intense storms hitting California in late 2022 and early 2023, the IRS announced in February this year a significant extension of the deadlines for filing and payment of various taxes until October 16,
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vice squeezing a wallet symbolizing the IRS taking a worker's money
Tax Planning, Tax Updates

IRS Stops Surprise Home and Office Visits (mostly)

July 24, 2023RobertIRS

The IRS has recently updated its policy regarding the practice of surprise visits by its revenue officers to the homes or businesses of taxpayers. The new policy, which is part of a wider IRS restructuring, is intended to enhance safety and reduce
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Recent Posts

  • Important IRS Terms, Rules, and Code
  • How Do Roth IRAs and the Backdoor Roth IRAs Work?
  • Cost Segregation To Increase Your Rental Depreciation
  • Business Tax advisory and tax preparation
  • Accountable Plan – Almost Like Tax Free Business Income – If Done Properly

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