Is the IRS demanding full payment for unpaid taxes? Have you received an IRS Notice of Deficiency or a State Notice? Is there a lien against your property or have your wages been garnished? The Professional Tax Resolution team, which has over 100 years of combined tax settlement experience,...
Falling behind on tax payments to the IRS is something that millions of Americans have dealt with at one time or another. Owing money to the IRS can be very intimidating, but don’t worry and definitely don’t lose hope – there is tax relief available. ...
"I would recommend UltraTax and in my opinion, is the best tax software on the market because of the way it has changed the way we operate and do business.” Patrick C. Ballard Owner, Ballard & Company, Ltd. CPA's Get even more out of UltraTax CS with the power of integration ...
Deduction of TaxDeduct professional tax from employees' salaries or wages.Deduction at SourceMonthlyPenalty up to 50% of unpaid tax, plus interest. Payment of TaxRemit deducted tax to the government treasury.Challan (Form 9)As per prescribed deadlines (monthly/quarterly)Interest on late payment; ...
Payments – Wages paid or payments made to an independent contractor, employee, or other service provider using virtual currency must be considered. Thomson Reuters partners with Ledgible, the only crypto tax platform designed specifically for professionals. Firms can streamline the workflow process and...
Payments – Wages paid or payments made to an independent contractor, employee, or other service provider using virtual currency must be considered. Thomson Reuters partners with Ledgible, the only crypto tax platform designed specifically for professionals. Firms can streamline the workflow process and...
Tax Professional for IRS Audits, Back Taxes and Tax Return Preparation? Has the IRS contacted you about the taxes you owe? Have you been informed that the IRS will be garnishing your wages, seizing your assets or placing a lien on your property? Are you facing an audit of tax returns fi...
Payments – Wages paid or payments made to an independent contractor, employee, or other service provider using virtual currency must be considered. Thomson Reuters partners with Ledgible, the only crypto tax platform designed specifically for professionals. Firms can streamline the workflow process and...
All employers registered under the law must submit a monthly tax return on Form III on the last day of each month or earlier, showing salaries and wages paid and tax paid in the previous month of the month Monthly declarations for April, May, and June must be submitted by July 31, durin...
Understanding the impact of taxes on signing bonuses.A player’s signing bonus is only allocated to their state of domicile. If that state does not levy income tax, it can mean huge tax savings. Allocating professional athlete tax deductionsto earned wages vs. earned income from endors...