Plano TX – Form 1099-C Cancelled Debt – Is it income or Excludable?

On August 1, 2019 / IRS Collection, IRS Penalties, IRS Problems, Tax, Tax Deductions, Tax Levies, Tax Liens, Tax Problems, Tax Resolution, taxes

Plano Texas – What is Reasonable Compensation for S-Corporation Shareholder Employees?

On July 24, 2019 / IRS Audit, IRS Collection, IRS Penalties, IRS Problems, Tax, Tax Deductions, Tax Levies, Tax Liens, Tax Problems, Tax Resolution, taxes

Plano TX – What is Innocent Spouse Relief and Who Qualifies?

On June 11, 2019 / IRS Audit, IRS Collection, IRS Penalties, IRS Problems, Tax, Tax Deductions, Tax Levies, Tax Liens, Tax Problems, Tax Resolution, taxes

Innocent Spouse Relief can benefit taxpayers who filed jointly with their spouse or former spouse, and due to misstatements on a taxpayer by their spouse, have an additional tax burden. Read this to learn more about Innocent Spouse Relief and who may qualif.

Plano TX – The Home Office Deduction for Small Business Owners

On June 9, 2019 / IRS Problems, Tax, Tax Deductions, taxes

Many small business owners use their home to run their business. Learn about who can use the Home Office Small Business Deduction and what is Deductible.