The two most common reasons to amend your tax return are that you
realized you made a mistake or you received a new tax form after you
filed. Other common reasons are using the wrong filing status or
claiming/not claiming a dependent. Whatever your r...read more
You think you’re doing great - taxes withheld from every paycheck or
quarterly estimates have been paid timely - and suddenly you see a tax
penalty. It can happen to even the most conscientious of people. Life
happens and some of those life “happenin...read more
Getting a “love letter” from the IRS can send shivers up your spine. But
it’s rarely as bad as we think it is and nothing to fear (unless you’re
a criminal, which you aren’t). Most of the time, those IRS letters and
notices are only requesting a litt...read more
Want a bigger tax refund? With proper planning, tax withholding, or
estimated tax payments you have greater control over the amount of tax
refund you'll receive, or how much you will owe at tax time. Of course
your income, deductions and tax credits ...read more
Did you receive your refund yet? If not, you’re not alone. According to
the IRS, your federal refund generally takes around 21 days to get to
your bank account. But that’s only if all is good on your tax return
-and there are no questions from our fr...read more
I was alerted by a letter from the IRS that certain sources of income
were omitted from my Federal return. I don't need to file an amended
return with the IRS, but I do want to file an amended return with NY
State tax authorities before they discover...read more
Hi everyone,I’d appreciate any input on a mistake I made when filing my
2024 California state return using TurboTax.My wife is a sole
proprietor, but I mistakenly included Form 568 when filing through
TurboTax, which led the Franchise Tax Board (FTB)...read more
mulleryiPosted 5 hours ago
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rjs