Using the IRS Audit Technique Guidelines (ATGs) Tip Category: The Audit While most of us are never audited, when it happens we can often feel overwhelmed. Remember that the IRS auditor performs these audits every day. They know what to look for, and may ask leading questions that are easy to answer incorrectly. Here are some …
Month: April 2024
Tax Tips to Aid in Retiring Early
Thinking about retiring early? Here are things to consider. Tip Category: Retirement Wouldn’t it be nice to check out of the workforce early and not need to worry about having enough money for retirement? While good financial planning can help you get there, leveraging the tax code as part of your retirement plan is also a …
It’s Tax Time! Don’t Forget 1st Quarter Estimated Payments.
Now is the time to pay your taxes AND make your estimated tax payment. Tip Category: Miscellaneous Both your individual tax return AND first quarter estimated tax payment are due. Here is what you need to know. First quarter due date: Monday, April 15, 2024 The estimated tax payment rule You are required to withhold or …
Continue reading It’s Tax Time! Don’t Forget 1st Quarter Estimated Payments.
IRS Creating Notice Alarm
IRS notices are raining down into mailboxes on April 1. It is causing lots of concern. Here is what you need to know. Tip Category:What’s New Beginning In April a number of IRS notices began hitting mailboxes. Unfortunately, the notices are coming in cold, as the IRS is turning on mailing their notices after a …
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