Tax Preparation, Insurance, Payroll, Medicare and Business Advisement in Jamestown NY
Tax season may feel far off, but now is the time to start planning ahead, especially with recent news from the IRS. Budget reductions and staff cuts are expected to impact taxpayer services in the upcoming 2025 filing season, and the ripple effects … [Read more...] about Prepare Early—IRS Staff Cuts Could Mean Delays for 2025 Returns
Late filing taxes can incur penalties from the IRS, adding financial burdens to your plate. Let's delve into the consequences and explore ways to mitigate them. When you fail to file your taxes by the deadline, the IRS may impose penalties, … [Read more...] about Penalty for Filing Taxes Late
The IRS Collections activities are set to resume following a temporary halt during the initial stages of the COVID-19 pandemic. The IRS will not simply pick up where it left off but intends to inform taxpayers and their tax preparers about the … [Read more...] about IRS Collection Activities
Hit The Delete Button! Various e-mail and phone scams were circulating this past year that appeared to be from the IRS. The e-mails claim you may owe additional tax or have a refund waiting for you, and all you need to do is provide some … [Read more...] about Did You Receive an Email from the IRS
Once you’ve filed your return and received your refund, you’re done, right? Each year the IRS sends millions of letters and notices to taxpayers for a variety of reasons, such as: There’s a balance dueThe refund is incorrectThe IRS has a question … [Read more...] about Did You Get a Letter From the IRS?
As you settle into your new life as a married couple, consider these Newlywed Tax Tips. Marriage impacts your taxes, so be ready for April 15th. Immediate changes aid in a less stressful tax season. There are many things to consider when you get … [Read more...] about Newlywed Tax Tips
