Rod's Blog

In this month's closed case round up, we have a business owner who didn't file their tax returns for a few years and a contractor that created a large tax debt after his business slowed down!

Tags: Tax Return, Tax, Tax Deductions, audit help, Audit, levy, tax extension, Tax Help, Tax Law

There is nothing worse than getting all your tax documents together, filing your tax return, and months later finding out you are now being audited by the IRS. Realistically, the risk of you being audited is quite low as less than 1% of tax returns are audited each year. But if you’re like most people, you want to make the chances of you being audited as low as possible. Here are a few things you can do to help lower your risk of being audited.

Tags: Tax, audit help, Audit, Tax Help, Tax Law

Since the Tax Cuts and Jobs Act passed earlier this year, we have been continually asked about what recent Tax Court rulings we’ve seen because of this. The truth is, we have not seen any tax court rulings affected by it yet. Because the changes will not set in until January 1, 2019, all current tax court cases are not affected by it.

Tags: Tax Return, Tax, audit help, Audit, Tax Help, Tax Law, Tax Cuts and Jobs Act, Tax Court

Did you miss the April tax filing deadline? If you haven’t filed your 2017 federal tax return and you will likely owe for last year, it’s important that you file your individual tax return and pay the taxes you owe by June 14^th, or you will likely face a higher late-filing penalty.

Tags: Tax Return, Tax, tax extension, Tax Help, Tax Law

If you’re a small business owner, chances are you’ve been researching and looking at the new tax law to see how it could affect you. Depending on how you are structured, there are a few changes that will apply to you, and it’s important that you pay attention to your business structure, because that can mean more or less taxes.

Tags: Tax Return, Tax, Tax Deductions, Tax Help, Tax Law, Tax Cuts and Jobs Act

As the 2017 tax deadline has come and gone, you may be wondering how the new tax law for 2018 might affect you. The Tax Cuts and Jobs Act has an affect on many of your tax deductions. One of the many changes has to do with the standard deduction you take each year.

Tags: Tax Return, Tax, Tax Deductions, Tax Help, Tax Law

Missed the Tax Deadline? It’s okay, you can still file your federal tax return and pay the taxes you owe. Every year, thousands of taxpayers miss the tax deadline and end up having to play catch up. There are a few tips you can use to handle some after-tax-day issues.

Tags: Tax Return, Tax, Tax Help

Time is running out for taxpayers to file their 2017 tax return. All taxpayers must either file their federal tax return or file for an extension by April 17th. If you’re going to owe taxes for 2017, you must pay those by midnight on April 17th,  even if you file for an extension. Getting an extension on your tax return does not extend your time to pay, only your time to file.

Tags: Tax Return, Tax, Tax Deductions

It's tax season and it seems like there's a million other things you could be doing other than figuring out your taxes. But you might want to set aside some time to look at your individual tax return because you could be overlooking some important tax deductions that could help you save money every year! Here are just some of the most frequently overlooked deductions!

Tags: Tax Return, Tax, Tax Deductions

It’s Tax Time!

Tax season is officially here. Whether you’re self-employed, a W-2 employee, single or married, your 2017 return is your last chance (for at least 8 years) to claim certain tax deductions. It’s important to make sure you’re accounting for any applicable deductions in order to lower your tax bill or possibly enhance your refund.

This multi-part blog series will cover five deductions that were either eliminated or changed as a result of the new tax law. Stay tuned to ensure you are claiming the appropriate deductions and know what to expect in the years to come!

Tags: Tax Return, Tax, Tax Deductions