Phoenix Tax Prep | Get Tipped? Many employees who work at places that survive based on tips fail to accurately report the amount of tips they receive. What they fail to realize is that by not reporting all of your tip income, you actually are hurting yourself in the...
Phoenix Tax Accountant | Form 1095A? Taxpayers will have a whole new form to look out for this tax season. The Affordable Care Act is bringing several changes to the filing season this year and the one most taxpayers will notice is the form 1095A. You will receive...
Phoenix CPA | IRS and Social Media The IRS recently released the top ways for taxpayers to communicate and get help from the IRS by using social media. For taxpayers with smart phones, the IRS has its own app, IRS2Go, with many uses. Taxpayers can get refund status,...
Scottsdale Tax Prep | Fake Charities The Internal Revenue Service is warning taxpayers to be on the lookout for groups who are pretending to be legitimate charitable organizations in an attempt to attract donations from unsuspecting taxpayers. The IRS advises taking a...
Glendale CPA | IRS Penalty Relief The IRS has announced that they will provide relief from tax penalties taxpayers receive from an over payment they received from the premium tax credits for buying health insurance under the affordable care act. Notice 2015-09 allows...
Glendale Accountant | S Corp Officers The IRS is starting to scrutinize S-Corporations officer’s compensation to verify that they are taking what they believe to be a reasonable compensation. They are also starting to scrutinize the timing of the compensation....