Recently, we were able to get a $49,000 IRS civil penalty waived for one of our Connecticut business clients. If we failed to get this penalty waived, this business would have closed its doors.
Recently, we were able to get a $49,000 IRS civil penalty waived for one of our Connecticut business clients. If we failed to get this penalty waived, this business would have closed its doors.
What direction do you think interest rates are headed in? Homeowners have ridden the variable interest rate mortgage ride for all it’s worth. The prime rate hit 20% in 1980. Since then interest rates have been in a long and…
The statute of limitations limits the time during which an action can be brought by the IRS for an audit and the time for IRS tax collection activities. Generally, there is a 3-year period for the IRS to give you…
It’s that time of year again….time to file your income tax return. What if you can’t get it done or don’t have all of your material to prepare it? File for an extension. To file an extension, complete Form 4868,…
Another year has gone by. It’s time to begin gathering my material for my taxes to be prepared. Then it dawned on you, why hasn’t my accountant called me to discuss some possible strategies? If these are questions you are…