Mistakes happen. When you make a mistake on your return that is to your credit, the IRS  is not obligated to correct your mistake when you get money back. Amended Returns can be filed at any time, there is no time limitation. Many mathematical errors are caught during the processing of the tax return and corrected by the IRS, so you may not need to correct these mistakes. If you didn't claim the correct filing status or you need to change your income deductions or credits, you should file an amended return. Generally, for a credit or refund, you must amend your return within 3 years…

When the IRS does an Audit or Examination, it may happen by random selection or they may have determined the financial information you've provided could be inaccurate. If you've received a notice of an audit or a notice of an examination, then contact us to set up a free consultation. We can advise you and protect your rights in an audit or in an examination.

When starting a new business or getting compliant with your business taxes, you must pay estimated tax payments. If you have never heard of the term, “Estimated Tax Payments” you have come to the right place.  The IRS requires that you pay estimated tax payments throughout the year, at varying times. The IRS wants you to treat your business income just as a W-2 paying job. Pay your taxes to the IRS as you accrue income. Every time you pay yourself from your business, you pay the IRS first, then you pay yourself. Do not save paying your taxes until the…