Record Retention To Avoid Tax Problems Later
Record Retention To Avoid Tax Problems Later Ramon Ortega Whether you are expecting a tax refund or preparing to write a check, you know that April 15 is the annual tax filing deadline. What you may not know, however, is that Tax Day is every day at the Internal Revenue Service (IRS). The tax agency […]
4 Mistakes That You Do Not Want to Make When Filing Your Taxes. (They Could Land You In Tax Trouble)
4 Mistakes That You Do Not Want to Make When Filing Your Taxes. (They Could Land You In Tax Trouble) Ramon Ortega It can be a stressful experience preparing your taxes and filing them. It can be even more stressful however, if you make these mistakes that land you into tax trouble. It’s important to […]
Why This Should Be The Year You Pay Off Back Taxes
Why This Should Be The Year You Pay Off Back Taxes Ramon Ortega According to the IRS, more than 13.2 million Americans owe back taxes. The majority of these cases involve amounts that seem impossible to pay off. That leaves those tax-owing Americans in a difficult position. They want to pay, but they can’t, and […]
What to Do If You Have Unfiled Tax Returns
What to Do If You Have Unfiled Tax Returns Ramon Ortega No one likes filing their taxes, but not filing them at all is never a good idea. The IRS is a powerful collection agency, and an unforgiving one. Getting on the bad side of the tax agency is not fun, and having years of […]
Why Doing Your Own Business Taxes or Resolving Your Own Tax Problem is a Terrible Idea?
Why Doing Your Own Business Taxes or Resolving Your Own Tax Problem is a Terrible Idea? Ramon Ortega Running your own business means wearing a lot of hats, from office cleaner and supplies buyer to client schmoozer and payroll maker. But should you add tax preparer to your already long list of duties? What if […]
How Can I Pay My Federal Taxes With Installments or Monthly Payments?
How Can I Pay My Federal Taxes With Installments or Monthly Payments? Ramon Ortega Every year, there are millions of taxpayers who find themselves unable to pay their taxes in full to the IRS. The IRS knows there will be some taxpayers coming up short. The good news is the federal government is happy to […]
How to Protect Yourself When Paying Taxes: Vital Steps You Need to Take Now
How to Protect Yourself When Paying Taxes: Vital Steps You Need to Take Now Ramon Ortega Tax season can be an unpleasant time of year for a lot of taxpayers, especially if you owe money to the IRS or State. The only thing you can do is make the most of it, prepare ahead of […]
The Coronavirus Aid, Relief, and Economic Security (CARES) Act & State of Florida Assistance (as of June 17, 2020)
The Coronavirus Aid, Relief, and Economic Security (CARES) Act & State of Florida Assistance (as of June 17, 2020) Ramon Ortega In response to the Coronavirus (COVID-19) pandemic, the U.S. Government through the Small Business Administration (SBA), the Internal Revenue Service (IRS) and the State of Florida through the Department of Economic Opportunity (DEO) have […]
Why You Should Not Put Off Filing Your Taxes
Why You Should Not Put Off Filing Your Taxes Ramon Ortega With the filing deadline moving from the traditional date of April 15th to July 15th because of the coronavirus pandemic, it can be tempting to put off filing your taxes for as long as possible. Most taxpayers dread the tedious task of compiling their […]
Work from Home Tax Forms: How to Store Them, How to File Them and How to Reduce Your Liability
Work from Home Tax Forms: How to Store Them, How to File Them and How to Reduce Your Liability Ramon Ortega Working from home can be a dream come true, especially if you also work for yourself. Opportunities for freelancers, gig workers and other self-employed men and women have exploded in recent years, giving people […]