5 Common Reasons You Get an IRS Audit and What to Do About Them in South Texas
The word “audit” can instantly trigger feelings of anxiety and fear. For many in the South Texas area, this can feel like an overwhelming situation.
Understanding Your IRS Negotiation Options
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.26.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”] If you have ever attempted to contact the IRS by phone, you are likely familiar with the seemingly interminable wait times and multiple transfers that frequently result in frustration. Imagine attempting to negotiate […]
IRS Shares New Crypto Tax Form, Invites Industry Input
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.26.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”] Out of an earlier version, the new U.S. tax form for crypto investors’ brokerage accounts has been significantly shrunk. For those paying U.S. crypto taxes, crypto’s 1099 form will “bring more ease and […]
Navigating an IRS Audit: What to Expect and How to Prepare
It can be very nerve-racking to be audited by the IRS. It’s easy for the worries, queries, and depressing “what-if” scenarios to take over. However, a lot of the tension related to audits can be reduced by being aware of the actual procedure and being prepared. You may be sure that this article will explain […]
5 Red Flags That Can Lead To An IRS Audit
My name’s Daniel Cotts, and as a licensed Tax Attorney, I’ve seen firsthand the fear and anxiety of receiving a letter from the IRS. At Cotts Law, we understand the stress that an IRS Tax audit can bring. If the IRS is pursuing you for back taxes or unfiled tax returns, we can help get […]
Understanding The Importance Of Hiring A Texas Tax Law Attorney
If there’s one entity you don’t want to play poker with, it’s the IRS. The anxiety that comes from receiving threatening letters about unfiled tax returns or unpaid taxes can be overwhelming. This isn’t just stressful; it can lead to severe consequences. That’s where a Texas Tax Law Attorney becomes essential. Potential Consequences of IRS […]