The IRS is Coming Back to Life

You Need an Advocate against the IRS Dragon. Who is Qualified to Represent Taxpayers Before the IRS Are you looking for a resolution to your tax problem? If so, you need to hire an experienced and efficient tax professional. Licensed tax professionals specifically focus on that part of the tax code that deals with taxes. When seeking representation, you must …

Death & Taxes

Recently a fellow tax preparer who died very young. She had fifty clients who were in a panic; they counted on her to take care of them with their taxes. And she has done for the last 25 years. They got great work for a price that was last adjusted in 1998. My business will assume responsibility for all the …

2023 Tax Law Changes

6 Key Tax Questions for 2023 Right now, you may be more concerned about your 2022 tax bill than you are about how to handle your personal finances in the new year. However, as you deal with your annual tax filing, it’s a good idea to also familiarize yourself with pertinent amounts that may have changed for 2023. Not all …

Disability Income

Is disability income taxable? Many Americans receive disability income. If you’re one of them or know someone who is, you may wonder whether it’s taxable. As is often the case with tax questions, the answer is “it depends.” Key factor The key factor is who paid the disability income (or who paid for the disability insurance funding the income). If the income …

Can the IRS Take Your Paycheck?

Can the IRS Take Your Paycheck? Yes, the IRS can take most of your paycheck if you do not respond to their other attempts to contact you. This is called a Notice of levy on Wages, Salary and Other Income. Discovering that you owe tax debt can be a truly stressful experience. Your IRS problems may even spread beyond the relative …

Congress Wants to Eliminate the IRS

Dumb ideas like to resurface from time to time for dull, greedy people to masturbate verbally. The current Republican plan is to eliminate the IRS, income taxes, and payroll taxes and then institute a very large sales tax. I am a tax expert and that could work for a quick minute and then those same greedy ass people who evade …

Do You Mostly At Home Now?

Qualifying For The Home Office Deduction In recent years, many people have pivoted to working from home, and that brings up tax questions. If you’re one of those people, you might wonder, “Can I claim the home office deduction on my 2022 tax return?” If you are an employee and get a W-2 form, you probably cannot use this option. …

Where Is My Big Refund?

Changes in the Tax Law for 2022 Some tax credits return to 2019 levels. This means that affected taxpayers will likely receive a significantly smaller refund compared with the previous tax year. Changes include amounts for the Child Tax Credit (CTC), Earned Income Tax Credit (EITC) and Child and Dependent Care Credit.

The Incredibly Shrinking IRS

The many headlines about the IRS are just so much shit! No credibility. Just Congress trying to protect their rich contributors from their old enemy an Internal Revenue Service Employee with the power to summons their financial information. I had that power as a Senior Revenue Officer with the IRS for 33 years. I used to be one of those …