Business and advocacy groups urged the Treasury Department to clarify how it will determine what constitutes the book income that will be subject to the 15% minimum tax. Insurance companies submitted a jointletterto ask for clarification on whether other comprehensive income and unrealized gains and ...
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Our knowledgeable tax attorney will explain the best steps, from receipt of the IRS letter to handling the audit and potentially appealing unreasonable decisions. Read More Real Estate Professional Tax Status: Electing Aggregation, Meeting the Material Participat... August 16, 2024 • CPE, EA ...
We have lived through an incredible year. We have changed our policies in an effort to keep everyone safe, employees and clients alike. We are committed to providing you a ‘regular’ tax appointment albeit in a virtual world. We will be able to get ‘together’, proceed through the appoin...
Written by a TurboTax Expert • Reviewed by a TurboTax CPAUpdated for Tax Year 2022 • December 2, 2024 2:17 PMOVERVIEWThere are a number of deductions to keep in mind for self-employed individuals. Lisa Greene-Lewis, CPA and TurboTax tax expert, provides a guide to tax saving...
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Contact us for details, and to view the preparers that may be handling your return. Contact information listed below. Audit Support: Have you recently received a letter for the IRS? Don't stress, we can assist you in preparing for an IRS Audit, whether your return was prepared with US ...
Our knowledgeable tax attorney will explain the best steps, from receipt of the IRS letter to handling the audit and potentially appealing unreasonable decisions. Read More Real Estate Professional Tax Status: Electing Aggregation, Meeting the Material Participat... August 16, 2024 • CPE, EA ...
“These clients have had very little luck in being able to support the deductions they take on their return,” he said. Wealthy people still sometimes shelter money by depositing it in offshore banks in places such as the Cayman Islands and Switzerland, which have lax tax laws, Borison sai...