Every time you file a tax return, you need to watch specific schedules for tax compliance. Taxes require legal formalities, guidelines from the IRS, and additional forms and disclosures. And so, even if Form 1120 is not subject to a penalty, you could incur a penalty if you fail to file the return and need… Continue reading How to Fill Out Form 1120? A Complete Guide
It is tax season going on for 2024, of course. Though the Tax Filing is Open: Here’s What to Know About Your 2024 Tax Refund. There might be some confusion and queries in your tax filing case. SG INC CPA takes into consideration the tax concerns of individuals and businesses. We will address a couple of important… Continue reading Tax Filing Season: Plan Your 2024 Tax Preparation with Us
Tax Debt is just like torture to taxpayers. Especially, when a person meets with financial hardships and he/she can’t pay taxes which causes huge tax liabilities. But Don’t be Panic, IRS offers an agreement that could be the solution to settle your tax debt when you can’t afford to pay your tax debt. This Tax Debt… Continue reading IRS Offer In Compromise OIC tips to Settle Tax Debt (2020)
Over the past few years, there have been a number of changes and updates regarding the reporting rules for the mysterious 1099 Forms. First, keep in mind that the “general rule” is that business owners must issue a Form 1099-MISC to each person to whom you have paid at least $600 in rents, services (including… Continue reading PayPal Rules for Issuing 1099 Forms
When was the last time you filed your taxes? Don’t be afraid to file past-due tax returns in fear of the Internal Revenue Service knocking on your door. The trick is, no matter how late the return is, file your tax returns before the IRS has the chance to send you a notice. If you… Continue reading Guide to File a Late Tax Return
As the tax season starts, people rush to prepare and file their tax returns. Do you think that you are lying into Tax Fraud activity unintentionally if you making typo errors in your Tax Returns? IRS believe that Tax Returns are a complex thing. If a person makes error unconsciously then it is called Negligence… Continue reading Don’t Mess with IRS: Tax Frauds and their Penalties
Dealing with financial issues, especially tax issues, can be overwhelming and frustrating. If you are facing such a situation, then you can hire somebody like a tax attorney or tax lawyer that can help you. You can seek the services of a capable IRS tax attorney by understanding what this type of lawyer does and… Continue reading How To Find Best IRS Tax Attorney
This month we had several clients successfully granted a fresh start with the Internal Revenue Service (IRS). Over $75,000 in tax debts and penalties have been completely removed. In some cases, we were able to settle with the IRS for less than 10% of the total balance. Isn’t that awesome, we’re utilizing the system and… Continue reading Safe your IRS tax debts and penalties by our experts
