The Internal Revenue Service (IRS) Publication 17 spells out the requirements for filing. Generally, if you are a U.S. citizen or resident, whether you must file a return depends on three factors. Your gross income. Your filing...
Read More ›There are hundred of ways to file your tax returns. You can file with a CPA. You can have a Tax Accountant or have a Tax Preparer file your tax return. You could also file your taxes online (DO IT YOURSELF option) with a tax software vendor...
Read More ›Like everyone else, contacting the IRS is in itself a daunting task. First, just getting through is a challenge, Second, you get frustrated because you are unable to get live support. Third, if your call get through, you most...
Read More ›If you earned $600 or (someone pay you $600) or more, you were not an employee of a company or the person that paid you the $600, you are consider Self-Employed or an Independent Contractor for IRS tax filing. You will have to file Form Schedule...
Read More ›The IRS letter 6419 is the official documentation that has the details to be reported for a taxpayer’s advance Child Tax Credit (CTC) payments. This letter will provide: Total amount of advance CTC payments received for 2021; this...
Read More ›Ok. So, you ask who is a tax accountant. The short answer, a Tax Accountant is someone who has been train in preparing income tax returns and is an Accountant. Thus, the term Tax Accountant refer to someone that specialize in the tax laws, rules,...
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