Beware of Fake IRS Letters
Every year, the majority of taxpayers file their returns with the IRS between by the April due date. However, the IRS does not just take taxpayers’ word regarding the information on their returns.
17Jul
Don’t Let Payroll Tax Problems Spiral Out Of Control
Considering how many priorities, problems, and distractions a business owner deals with every day, it should come as no surprise that IRS payroll tax issues may arise. Whether you filed your payroll returns late or failed to make payroll tax deposits, unresolved business tax problems can become major legal and financial issues if not handled properly.
10Jul
South Florida Tax Resolution Services
When you’re struggling with tax issues and need urgent tax resolution assistance, East Coast Tax Consulting Group is your answer. From helping you with unfiled tax returns to negotiating back tax settlements to providing IRS audit defense, our skilled CPAs have your back when it truly matters.
3Jul
Tax Planning for Gains from Sale of Real Estate
If you’re thinking of selling real property that will result in a gain, there are a number of issues that impact the amount of taxes you will owe, and you should be aware of the tax planning steps that can be taken to minimize the gain, defer the gain, or spread it over a number of years.
24Apr
Tax Return Mistakes Can Be Corrected With An Amended Return
Tax return mistakes are not uncommon. Since taxes can be extremely complicated and the documents required to file them properly are sometimes difficult to understand, mistakes occur more than you may expect. This is especially true for taxpayers filing their own returns. Now add to the mix that a lot has changed with the passage of the Tax Cuts and Jobs Act.
17Apr
Watch Out for Tax Resolution Scams
You’ve probably heard the old saying, “if it sounds too good to be true, it probably is.” It turns out that that advice is particularly applicable in the tax debt relief arena. Many taxpayers who are struggling with tax debt often feel that their problems are insurmountable, which can result in feelings of desperation.
12Apr
Foreign Account Reporting Due April 15
Individuals as well as corporations, partnerships, and trusts that have financial interests in or authority over one or more foreign financial accounts need to report these relationships to the U.S. Treasury, provided that the aggregate value of those accounts exceeds $10,000 at any time during the year.
31Mar
The Deadline for Filing 2018 Returns Is Around the Corner
As a reminder to those who have not yet filed their 2018 tax returns, April 15, is the due date to either file a return (and pay the taxes owed) or file for an automatic six-month extension (and pay the an estimate of the taxes owed).
13Mar
Get Help With Tax Issues From East Coast Tax Consulting
The IRS is a large and complex bureaucracy that wields an enormous amount of power over the lives of everyday Americans, most of whom have little understanding of how the IRS works or what it expects of them. This is why receiving a letter or notice from the IRS causes a great deal of fear and anxiety in many taxpayers.
27Feb
You Still Have Time To Make A Retirement Plan Contribution For 2018
Have you been ignoring your future retirement needs? This tends to happen when people are young; because retirement is far in the future, they believe that they have plenty of time to save for it.
