Amending Tax Returns

amendtaxreturn

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

Audit Representation-Partner With a Pro

greedy man with money cartoonIt 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.

 

 

Tax Fact – IRS Uses Social Media

Tax FactsThe IRS has trained their revenue agents to gather information on Facebook and other social media sites. Your social media information could be included in an IRS tax examination of your taxes.

Tax Fact – IRS Audits

Tax FactsThe chance of an IRS audit for partnerships and corporations is substantially less than self employed sole proprietors.

Tax Fact – IRS & Your Passport

Tax FactsThe IRS can deny or revoke taxpayer’s passports when they owe taxes to the IRS.

Where’s My Refund?

Tax Refund

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.

Best Use of Tax Refund

greedy man with money cartoonClark 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!

Make Your Tax Refund Count by Clark Howard

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