Category: Tax Issues

Understanding an IRS Audit Letter

Understanding an IRS Audit Letter

Receiving an IRS audit letter can be a daunting experience for any taxpayer. However, understanding what to expect and how to respond can help ease the stress and ensure a

March 18, 2024
Handling NY State Tax Penalties

Handling NY State Tax Penalties

If you are a business owner in New York, you know that taxes are a necessary part of doing business. However, what happens when you make a mistake or fall

March 4, 2024
What to Expect and How to Respond To IRS Collection Notices

What to Expect and How to Respond To IRS Collection Notices

Receiving a notice from the IRS can bring about feelings of fear and anxiety for many individuals. Getting a notice from the government about tax-related matters can be quite daunting,

March 1, 2024
The Role of Tax Attorneys in Tax Dispute Resolution

The Role of Tax Attorneys in Tax Dispute Resolution

Tax disputes can be a daunting and complex process for individuals and businesses alike. With constantly changing tax laws and regulations, it can be difficult to navigate the legal system

February 19, 2024
Claiming Deductible Medical Expenses: A Comprehensive Guide to Tax Deductions, Including Medical and Dental Expenses under Publication 502

Claiming Deductible Medical Expenses: A Comprehensive Guide to Tax Deductions, Including Medical and Dental Expenses under Publication 502

Ensuring a comprehensive understanding of deductible medical expenses is particularly vital as the tax landscape may change from year to year. The Internal Revenue Service (IRS) outlines specific criteria for

November 24, 2023
Understanding IRS Notice CP2000: What to Do upon Receipt

Understanding IRS Notice CP2000: What to Do upon Receipt

Receiving an IRS notice can be a daunting experience, especially if you're not sure what it means or what to do next. One of the most common notices issued by

July 3, 2023
How to Negotiate with the IRS and Settle Your Tax Debt. Everything You Need to Know About Offer in Compromise, Installment Agreement and more

How to Negotiate with the IRS and Settle Your Tax Debt. Everything You Need to Know About Offer in Compromise, Installment Agreement and more

Paying taxes is an essential part of being a responsible citizen. However, sometimes financial difficulties can arise, leading to unpaid back taxes. The Internal Revenue Service (IRS) is known for

May 29, 2023
IRS Driving You Crazy? Let a Tax Attorney Save the Day

IRS Driving You Crazy? Let a Tax Attorney Save the Day

Dealing with IRS collections can be a daunting and stressful experience. The Internal Revenue Service (IRS) has the power to seize your assets, garnish your wages, and levy your bank

May 22, 2023
Eliminating Tax Debt: Discharging IRS Tax Debt in Bankruptcy. Tax Law and Income Tax Debt

Eliminating Tax Debt: Discharging IRS Tax Debt in Bankruptcy. Tax Law and Income Tax Debt

If you owe taxes and are considering filing bankruptcy, it's crucial to understand how income tax debt is treated in bankruptcy. While declaring bankruptcy can provide relief from some debts,

May 22, 2023
Hiring a Tax Attorney? Ask These Questions

Hiring a Tax Attorney? Ask These Questions

Tax law can be complicated, and the stakes are high regarding taxes. As such, it is essential to have a competent tax attorney to help you navigate the complexities of

May 2, 2023

Miami Florida Tax Articles

Florida Tax Guide: Is Social Security Taxed in Florida? Federal Tax Benefits of Retiring in the State of Florida 2023

Florida Tax Guide: Is Social Security Taxed in Florida? Federal Tax Benefits of Retiring in the State of Florida 2023

Social Security benefits serve as a vital source of income for many retirees. As individuals near their golden years, understanding the nuances of Social Security taxation becomes crucial. In this

September 11, 2023
Florida Tax Information for Taxpayers and Tax Professionals: Do I Need to File State Income Taxes in Florida? Role of Florida Department of Revenue

Florida Tax Information for Taxpayers and Tax Professionals: Do I Need to File State Income Taxes in Florida? Role of Florida Department of Revenue

Are you a resident of the Sunshine State wondering about your state tax obligations? Understanding whether you need to file state taxes in Florida is essential to ensure compliance with

August 28, 2023
Florida State Tax Rate 2023: Is There An Income Tax in Florida? Everything You Need To Know About Florida Tax. Florida Income Tax Calculator

Florida State Tax Rate 2023: Is There An Income Tax in Florida? Everything You Need To Know About Florida Tax. Florida Income Tax Calculator

In a world where state income taxes are the norm, Florida stands out as a haven for residents seeking a reprieve from this financial burden. The Sunshine State has gained

August 18, 2023
Florida Tax Guide: Is Social Security Taxed in Florida? Federal Tax Benefits of Retiring in the State of Florida 2023

Florida Tax Guide: Is Social Security Taxed in Florida? Federal Tax Benefits of Retiring in the State of Florida 2023

Social Security benefits serve as a vital source of income for many retirees. As individuals near their golden years, understanding the nuances of Social Security taxation becomes crucial. In this

September 11, 2023
Florida Tax Information for Taxpayers and Tax Professionals: Do I Need to File State Income Taxes in Florida? Role of Florida Department of Revenue

Florida Tax Information for Taxpayers and Tax Professionals: Do I Need to File State Income Taxes in Florida? Role of Florida Department of Revenue

Are you a resident of the Sunshine State wondering about your state tax obligations? Understanding whether you need to file state taxes in Florida is essential to ensure compliance with

August 28, 2023
Florida State Tax Rate 2023: Is There An Income Tax in Florida? Everything You Need To Know About Florida Tax. Florida Income Tax Calculator

Florida State Tax Rate 2023: Is There An Income Tax in Florida? Everything You Need To Know About Florida Tax. Florida Income Tax Calculator

In a world where state income taxes are the norm, Florida stands out as a haven for residents seeking a reprieve from this financial burden. The Sunshine State has gained

August 18, 2023