by Editorial Staff | Apr 5, 2021 | CPA & Tax Services, Tax Preparation
Investors naturally love a banner year. Maybe they realized long-term capital gains on a super stock or day traded themselves into a small fortune. Either way, big wins make for a happy New Year. Then the tax bill arrives. Long-term capital gains (investments held for...
by Editorial Staff | Mar 8, 2021 | CPA & Tax Services, Tax Preparation
Every year it never fails. Millions of Americans wait until the last minute to file their taxes. Two major mishaps usually occur: these people realize that they are missing critical documents and must scramble to find them; or miss the deadline altogether. Taxes...
by Editorial Staff | Feb 22, 2021 | CPA & Tax Services, Tax Preparation
The words IRS lien or IRS levy are enough to strike fear into the hearts of anyone who owes back taxes. They are right to be concerned. Liens and levies are two of the strongest measures the IRS has to enforce tax compliance. They allow the IRS to lay claim to...
by Editorial Staff | Feb 4, 2021 | CPA & Tax Services, Tax Preparation
It’s tax season, and the IRS announced that they would start accepting E-file forms 1040 for taxpayers starting February 12, 2021. 2020 was considered an exceptional year due to the Covid-19 virus that impacted almost all U.S. citizens, also impacted the tax law...
by Editorial Staff | Jan 28, 2021 | CPA & Tax Services, Tax Preparation
Each year you probably lose much sleep due to anxieties associated with one frightening event. What is this event? Tax preparation. Yes, taxes aren’t a topic that excites anyone. Just about everyone has some fear of the tax filing process. One reason people don’t like...
