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S Corporations: Tax Preparation, Tax Planning, and the Benefits of Professional Tax Help

MyIRSRelief

The main advantage of an S Corporation is that it allows income, losses, deductions, and credits to pass through to shareholders for federal tax purposes. This means that the business itself is not taxed at the corporate level. This means that the corporation’s income is not subject to corporate tax rates.

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Seattle Tax Resolution Services: How Mike Habib, EA, Can Help Individuals and Businesses Resolve Tax Problems

MyIRSRelief

However, amidst the hustle and bustle, tax issues can arise, creating stress and financial strain for taxpayers. Whether its unfiled tax returns, back tax debt, 941 payroll tax issues, IRS levies, garnishments, or audits, these challenges can feel overwhelming.

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

MyIRSRelief

An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals.

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IRS Audit Defense & Representation: Expert Protection with Mike Habib, EA

MyIRSRelief

Receiving notice of an IRS audit can be one of the most stressful and intimidating experiences a taxpayer faces, triggering immediate concerns about potential penalties, additional taxes, and the complex process ahead. The three primary types of IRS audits each present different challenges and require distinct defense strategies.

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Avoid Tax Scams with Mike Habib EA’s Trusted Tax Expertise

MyIRSRelief

They pressure taxpayers to act quickly, exploiting fears of IRS penalties or audits. Businesses, especially in industries like trucking or hospitality, face additional risks from fraudsters promising to resolve payroll tax issues without proper credentials. Scammers thrive on confusion and urgency.

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Your Complete Guide to Tax Help in Cleveland, Ohio: Frequently Asked Questions

MyIRSRelief

This designation grants unlimited practice rights before the Internal Revenue Service, meaning he can represent clients in all tax matters including audits, collections, and appeals at every level of the IRS. Unfiled Tax Returns – Your Most Common Questions Answered Q: I haven’t filed tax returns for several years.

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Tech news: TaxPlanIQ adds new features

Accounting Today

Instead launches tax reports feature Valery Kachaev Tax management platform Instead launched an AI-driven tax reports feature. Certifications cover a range of topics, from mastering payroll essentials and becoming proficient in the ADP Accountant Connect SM platform to innovative selling strategies.