Filing your taxes accurately and on time has never been more important. In 2023, most taxpayers who have already filed their returns are finding that the average refund is down by over 11% from 2022. With that in mind, you need to be extra vigilant and make sure that you dot all your I’s and cross all your t’s as you file your returns this year. One of the best ways to ensure you’re completely compliant and making wise tax choices is to hire a Salt Lake City tax attorney and CPA in one. Learn more about how these tax professionals can help you below. How You Benefit from Working with a Salt L ..read more

If you have a tax problem in Green Bay and you want to get the advice of a tax expert, then you’ll likely come across different terms like ‘tax attorney’ and ‘CPA’. While both of these experts focus on tax issues, there are major differences between the two. Tax attorneys are lawyers who have graduated from law school and passed the bar. As such, they know how to ensure your taxes are legally compliant. CPAs, on the other hand, are specialists when it comes to crunching numbers. They can help with tax planning, preparation, and audits. Luckily, you can have the best of both worlds if you hire ..read more

If you need help with specific tax matters, including help with tax and document preparation, Tax Group Center is here to help as your trusted Tampa tax attorney and CPA. When you turn to us, you’ll be able to work with a dual-certified tax attorney and CPA when you would ordinarily need to work with two professionals to handle the legal and financial aspects of taxation. Why You’ll Benefit from Hiring a Tampa Tax Attorney and CPA When searching for a tax attorney or CPA in Tampa to help you with various tax issues, you’ll benefit from both types of services with representation from Tax Group ..read more

Have you received a CP14 IRS Notice letter that’s left you baffled? The simple explanation is that you owe the IRS money. However, a CP14 Notice doesn’t necessarily mean a heavy tax debt. Here’s a quick guide to what to do if you get an IRS CP14 letter. What Is CP14? The formal IRS term for the CP14 Notice letter is the Notice of Tax Due and Demand for Payment letter. It is sent for balances of $5 or more. If you’ve received this letter, it means that the tax return you filed carries a balance due for taxes owed. Your letter should contain your name, the amount you owe, the tax year you owe f ..read more

If you’re in need of help resolving various tax problems and assistance with tax preparation, you may benefit from working with an experienced Portland tax attorney and CPA. With the help of a combination of an attorney and a CPA with dual certification, you’ll be able to work with professionals who can handle both the legal and financial aspects of your strategy. Why You Need a Portland Tax Attorney and CPA There are several key ways a Portland CPA and tax attorney in one can help you. Depending on your needs, we can assist with: IRS Audit Representation A Portland tax lawyer and CPA will be ..read more

Do you require assistance with tax preparation or handling certain tax issues? With the help of a dual-certified Orlando tax attorney and CPA, you can ensure no aspect goes overlooked. A tax attorney who doubles as a certified public accountant (CPA), you can benefit from working with someone who understands the legal and financial components of taxation. How You Benefit from Working With an Orlando Tax Attorney and CPA If you’re wondering what having an Orlando CPA and tax attorney together can do for you, the following are some of the specific advantages you’ll find with this two-in-one pro ..read more

Have you received a CP14 IRS Notice letter that’s left you baffled? The simple explanation is that you owe the IRS money. However, a CP14 Notice doesn’t necessarily mean a heavy tax debt. Here’s a quick guide to what to do if you get an IRS CP14 letter. What Is CP14? The formal IRS term for the CP14 Notice letter is the Notice of Tax Due and Demand for Payment letter. It is sent for balances of $5 or more. If you’ve received this letter, it means that the tax return you filed carries a balance due for taxes owed. Your letter should contain your name, the amount you owe, the tax year you owe f ..read more

It’s that time of year again when we all start anew with fresh resolutions, fresh checkbooks, and fresh tax slates. With these new beginnings, however, comes the need to document what happened over the past year. For most Americans, that means preparing to file income taxes. Are you ready to file your taxes for 2023? If not, don’t panic. You have plenty of time before the deadline, and you can prepare in advance for what’s changed with tax laws since last year. We’ll help guide you on everything you need to know to get started on your tax returns. Individual Income Tax Return Filing Informati ..read more

Whether you’re self-employed or your business employs individuals who make a modest income, you’ll still need to withhold a percentage of that income and pay it to the IRS each quarter. Going through your taxes every quarter might not make much sense, though, if you’re only withholding a minimal amount. In these cases, you might wonder if it’s possible to consolidate your tax payments into one annual payment. For some employers, it is indeed possible—and you’ll do it with IRS Form 944. What is IRS form 944, you ask? Below, we’ll go over everything you need to know about this form, who needs to ..read more

Inventory capital, which includes assets that businesses use to conduct their operations, makes up a whopping 7% of the GDP of the entire United States! As you can imagine, the IRS wants to keep a watchful eye over all these assets, and they also want to tax them when possible. Of course, it wouldn’t make sense to continue taxing a business at the same rate for an asset that isn’t as valuable as it was when it was purchased years ago. That’s why Form 4562, Depreciation and Amortization, exists. It helps businesses identify cases of depreciation and potential amortization, too. Are yo ..read more