For many years, one of the most confusing and difficult aspects of dealing with the IRS has been the processing of amended tax returns. Starting today, however, taxpayers can file the form 1040-X electronically, reducing potential errors and speeding up the processing of amended returns. … Read More »IRS Amended Return electronic filing now available
With the IRS back in service and seeking any additional revenue available, you may be on the receiving end of a piece of their mail correspondence. Most of us have been there – just the IRS logo in the corner of the envelope makes your… Read More »What to do if you receive a letter from the IRS
The IRS has begun reopening offices after shutting down for months due to COVID-19. While the pandemic will remain in our lives for the foreseeable future, the agency and the business world are getting back to whatever sense of normal activity they can find. One… Read More »IRS Tax Enforcement to Ramp up in July
You took the leap and started your business. You’re finally starting to gain your footing and feel comfortable in your new environment. However, being the business owner now also leaves you with the responsibility of reporting & withholding taxes on any required eligible employees. Failing… Read More »Filing Form 941 – Quarterly Employer Federal Return