A Tax Resolution Law Firm
IRS IS ACTIVELY TRYING TO FIND INDIVIDUALS WHO ARE NOT REPORTING THEIR CRYPTOCURRENCY TRANSACTIONS taxes from Americans who aren’t paying taxes on them. First introduced over 10 years ago in 2009, they need to remain within the reporting grey zone. Over 1500 virtual...
TAX RETURNS ARE DUE SEPT 15TH FOR FLOW-THRU ENTITIES (S CORPS & PARTNERSHIPS) While filing your business returns yourself or through help, it is very important to know the right deadlines marked on your calendar. The federal income filing deadline for tax purposes...
INDIVIDUAL RETURNS ARE DUE OCTOBER 15TH FOR THOSE ON EXTENSION The IRS extended the deadline to file your federal income tax from April 15 to May 17, 2021, and they gave a six months extension for filing upon application. If you got a tax extension this year, make...
IRS IS INCREASING ITS COLLECTION EFFORTS Like almost all government agencies, the IRS was badly impacted by the coronavirus pandemic. It had to shut down various service centers and extend filing deadlines. Most of the collection and enforcement efforts were suspended...
