Complying with the Corporate Transparency Act: A Guide for Businesses

Complying with the Corporate Transparency Act A Guide for Businesses

Introduction As of January 1, 2024, the Corporate Transparency Act has brought about changes for businesses in the United States. This legislation mandates that corporations and limited liability companies (LLCs), including single-member LLCs, file an information report with the Financial Crimes Enforcement Network (FinCEN).  In this transformative landscape, businesses need to adapt swiftly to ensure […]

Conducting an IRS Tax Lien Lookup

Conducting an IRS Tax Lien Lookup

If you owe taxes to the Internal Revenue Service (IRS), you may be at risk of having a tax lien placed on your property. A tax lien is a legal claim against your property that the IRS can use to secure payment of your tax debt. It can affect your credit score, make it difficult […]

Managing IRS Special Tax Notices

Managing IRS Special Tax Notices

The Internal Revenue Service (IRS) is responsible for collecting taxes and enforcing tax laws in the United States. As a taxpayer, you may receive special tax notices from the IRS regarding offers, installment agreements, or collection appeals. These notices can be confusing and overwhelming, but it’s important to understand how to deal with them in […]

Understanding an IRS Audit Letter

Understanding an IRS Audit Letter

Receiving an IRS audit letter can be a daunting experience for any taxpayer. However, understanding what to expect and how to respond can help ease the stress and ensure a successful outcome. In this article, we will discuss what an IRS audit letter looks like, what to expect during an audit, and how to respond […]

How Far Back Can The IRS Audit?

How Far Back Can The IRS Audit ()

As a taxpayer, you may have heard countless horror stories circulating about the IRS auditing individuals and businesses for what seems like an eternity. These tales of never-ending audits may have instilled a sense of fear or uncertainty within you, prompting questions such as, “How far back can the IRS truly audit?” It is a […]