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Enrolled Agent Near Me: Comprehensive Tax Services for Individuals and Businesses

MyIRSRelief

If you’re searching for an “Enrolled Agent near me,” you’re likely looking for someone who can provide a wide range of tax services. Get help today by calling us at 1-877-78-TAXES [1-877-788-2937]. Get help today by calling us at 1-877-78-TAXES [1-877-788-2937].

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Year-End Tax Strategies for Businesses

Withum

This will permit the corporation to base its 2025 estimated income tax installment payments on the relatively small amount of income shown on its 2024 tax return, rather than having to pay estimated taxes based on 100% of its much larger 2025 taxable income. C corporation pays to add $0.94

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How to Survive an IRS Audit

RogerRossmeisl

In fiscal year 2019, the IRS audited approximately 0.4% Businesses, large corporations and high-income individuals are more likely to be audited but, overall, all types of audits are being conducted less frequently than they were a decade ago. of individuals.

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Worried About an IRS Audit? Prepare in Advance

RogerRossmeisl

From tax years 2010 to 2019, audit rates of individual tax returns decreased for all income levels, according to the GAO. On average, the audit rate for all returns decreased from 0.9% But with proper preparation and planning, you should fare well.

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IRS Announces Broad-Based Penalty Relief

Withum

On August 24, 2022, the IRS issued Notice 2022-36 to announce broad-based penalty relief for certain failure to file penalties with respect to tax returns for taxable years 2019 and 2020 as long as they are filed by September 30, 2022. Penalties under §6698(a)(1) & (2) for form 1065 (partnership tax returns).

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How Inflation and Supply Chain Disruptions Can Increase Your Business’ Tax Bill

Withum

In addition, Company A’s inventory was as follows: Year Quantity Purchase Price 2018 100 $7,000 ($70 per unit) 2019 200 $14,800 ($74 per unit) 2020 250 $20,000 ($80 per unit) 2021 275 $27,500 ($100 per unit) LIFO Example 1. Under the various safe harbor proposals, the amendment of a prior return would not be necessary. Contact Us.

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Los Angeles Tax Services – Local tax firm serving all Southern California

MyIRSRelief

With the help of Los Angeles tax services firms, you can receive information on your tax return, the amount you owe, and various resources for tax preparation service. Furthermore, there are different kinds of tax advisors that serve a purpose to fit your needs. The California state sales tax rate is currently 6%.