On this Memorial Day, we stop to give honor and thanks to all those who gave of themselves, and those who made sacrifices to protect our freedom.
We remember, and we thank you!
You can file an amended return to correct errors on your originally filed tax return by filing Form 1040X. You will have to file this by mailing a paper copy to the IRS.
Learn more about filing an amended return by watching this IRS Video – Amending My Return
It pays to Partner with a Pro for Audit Representation! I have two clients who recently retained my audit representation services, and are now celebrating their savings!
I was able to help Client 1 by reducing their penalties by 50%, for issues resulting from them attempting to self-prepare their tax returns. They now see the advantage of partnering with a Pro.
Client 2 received a “NO CHANGE TO YOUR RETURN” letter from the IRS, as a result to the audit response I prepared. They had all necessary receipts and tax details, resulting from my consulting with them in how they needed to keep their self-employed business books. They are thankful they partnered with a Pro!
I work hard to keep current on all updates to IRS Audit Representation, by carefully choosing continuing education classes each year, by the best in the industry. My client’s success defines my success.
If you are looking for your federal tax refund you will want to view the IRS FAQs on Refunds, on the IRS site. The IRS states most refunds are processed in less than 21 days.
Clark Howard has good ideas to share on how to use your tax refund and make it work best for you. He also recommends you adjust your withholding this year so you are not letting the government have a tax free loan from you. Watch this video to learn more from Clark Howard who always has our backs!
The average American works the first 109 days of the year, earning enough money to pay their tax bill in full. Thanks to the tax reform, we will work three less days to pay our taxes in 2018 than last year. That is three days of income you get to keep in your pocket.
This year, our tax freedom day is April 19, 2018. Tax Freedom Day marks the day we begin working for ourselves and not Uncle Sam. Enjoy your holiday!