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Tax Extenders for 2020 tax season

Tax Extenders for the 2020 Tax Season

There was a very important tax reform last year. The Tax Cuts and Jobs Act that brought many changes in the tax…
End of year tax planning

End of the year tax planning tips and options

The holiday season is our favorite time of the year because its the time previous to the tax season begins. It works…
Christmas tax advice tax deduction

CHRISTMAS Tax advice: 10 tips to SEIZE your tax deductions

How fast 2019 has passed! As the end of the year approaches, as well as the next tax season, it’s a good…

How to use the child care tax credit to deduct expenses

Child care expenses can alter your household budget. When you want to recover some of the expenses paid for child care or…
taxable income

Taxable Income: Key concept for your tax calculations

Taxable income it’s a subject you’ll face at least once a year – even more if you file your taxes quarterly. However,…
schedule c

Schedule C: What is it for and who has to fill it?

Freelancers, self employed, and solo business owners have different forms when filing their taxes. One of these forms is Schedule C, which…
bitcoin owner irs calls

Did you receive a letter from the IRS about your Bitcoin?

Internal Revenue Service (IRS) sent a notification to Bitcoin holders. At the end of June, the governmental agency sent letters to more…
2 million ITIN will expire on 2019

2 million ITIN will expire in 2019: Renew yours now

Around 2 million ITIN (Individual Identification Numbers) of taxpayers will expire at the end of 2019, the IRS informed on June. The…
what to expect during a tax audit

What to expect during a tax audit from the IRS

You’ve been selected by the IRS but you don’t know what to expect during a tax audit? Don’t worry, we got you…

10 Tips to reduce the chances to get a tax audit from the IRS

You probably have seen ads stating that you can completely avoid a tax audit from the IRS if you follow certain steps.…

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