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IRS sends CP2100 and 2100A Notices

In April, the IRS sent CP2100 and CP2100A notices to banks, credit unions, businesses or payers who filed returns that don't match IRS records. These information returns include: Form 1099-B, Proceeds from Broker and Barter Exchange...

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Independent Contractors (Uber or Lyft) Accounting Tips

The challenge we see in our practice is that Independent Contractors do not take the time to keep good accounting records. Keeping good records is the fuel to your business when it comes to taxes. Fundera magazine, the small business resource...

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Tax Tips for Federal Withholdings | W-4

The most common reason why you may not received a tax refund when filing your taxes is because your withholding is wrong. This applies to most W-2 filers only. Getting your withholding right enables you to receive a refund. Below is what the IRS...

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Accountant | Tax Preparer for Uber or Lyft Drivers

We came across this post on uberpeople.net and commented on it. The questions asked is below.  Discussion Starter · #1 · Oct 3, 2018 Any clues on how to find the best recordkeeping, tax filing advice? Key word...

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STIMULUS PAYMENTS – IRS Letters 6475 | 6331C or 5071 |...

The Economic Impact Payments (EIP) commonly refer to as Stimulus Payment is about to be phase out this tax season. If you have not received your stimulus payments, now is the time. The IRS have been sending out letters to taxpayers who they...

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