Should you hire a tax lawyer or tax preparer? The answer depends on your tax situation’s complexity. Here’s what you need to know: Tax preparers are best for: Simple W-2 income tax returns Standard deductions Basic compliance and filing Cost-effective...
Tax consultants and tax lawyers serve distinct roles in addressing tax-related matters. A tax consultant is typically a CPA (Certified Public Accountant), EA (Enrolled Agent), or other tax professional who specializes in tax preparation, planning, and identifying...
Millions of Americans face overwhelming tax obligations each year. Tax debt can accumulate quickly through unfiled returns and penalties, but debt forgiveness programs offer hope for financial recovery. Tax forgiveness programs help reduce what you owe to authorities....
Getting a debt settlement agreement notarized ensures legal validity and protects both parties involved. This formal process to notarize a debt settlement agreement creates an enforceable document that courts recognize. A debt settlement agreement outlines terms for...
Multiple factors can trigger federal tax audits that affect taxpayers across the country. Unreported income remains one of the most frequent red flags that trigger an IRS audit among authorities reviewing returns. Business expense claims that exceed normal deductions...
No one enjoys dealing with a tax audit. But each year, thousands of people are selected for review. The IRS checks tax returns to find errors or missing information. This applies to both individuals and business owners. Audits often happen when the IRS spots something...
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