Looks Like Wells Fargo Has Finally Stopped Offering Payroll Services
Legacy Tax & Resolution Services welcomes former Wells Fargo Payroll customers Services designed to help meet your payroll and HR needs Payroll Manage payday your way with payment solutions like direct deposit and mobile solutions that help give you the ability to run payroll from virtually anywhere, at any time Get help with compliance challenges […]
Affordable Care Act Repeal & Replacement Bill Passes in House
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and may not apply to tax returns starting in the 2018 tax year. You may wish to speak to your tax advisor about the latest tax law. This publication is provided […]
Can I Get an Installment Agreement for Payroll Tax Debt?
Can I Get an Installment Agreement for Payroll Tax Debt? We received this in a chat inquiry on our website. The business owner asked if he could set up an installment agreement because he was not able to make the payment for a recent quarter’s payroll taxes. The short answer is YES. However, this […]
President Signs Payroll Protection Program Extension Act
President Signs PPP Extension Act We wanted to let everyone know that as of today (3/30/2021), President Biden has signed the PPP Extension Act into law. The legislation will extend the deadline for the Paycheck Protection Program (PPP) applications to be accepted until 5/31/2021. The deadline for the SBA to approve the applications will now […]
Spouses May Elect Out of Partnership Rules
Spouses May Elect Out of Partnership Rules A provision of tax law allows a husband and wife who file a joint return to elect out of the partnership rules. Thus, a joint venture between them is not treated as a partnership for tax purposes. All items of income, gain, loss, deduction, and credit are divided […]
Tax Credits for Small Employers Offering Health Coverage
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and may not apply to tax returns starting in the 2018 tax year. You may wish to speak to your tax advisor about the latest tax law. This publication is provided […]
State Accepts Payment Plan in Portland, OR
State Accepts Payment Plan in Portland, OR State Payment Plan – 09-18-2004 Taxpayer Situation: Taxpayer owed the Oregon Department of Revenue for tax years 1997-2003. The taxpayer had outstanding returns for 2001 through 2003. Resolution Outcome: Legacy Tax & Resolution Services successfully in prepared and filed outstanding returns and negotiated with the Oregon Department of Revenue a […]
Small Employer Simple Cafeteria Plans
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and may not apply to tax returns starting in the 2018 tax year. You may wish to speak to your tax advisor about the latest tax law. This publication is provided […]
IRS Accepts Installment Agreement in Pendleton, OR
IRS Accepts Installment Agreement in Pendleton, OR IRS Installment Agreement – 11-25-2005 Taxpayer Situation: Taxpayer owed the IRS for tax years 1998-2004. The taxpayer was current with the filing of all her tax returns. Resolution Outcome: Legacy Tax & Resolution Services successfully negotiated an Internal Revenue Service payment agreement for a client in Pendleton, OR. Legacy Tax […]
IRS Accepts Installment Agreement in Salem, OR
IRS Accepts Installment Agreement in Salem, OR IRS Installment Agreement – 09-23-05 Taxpayer Situation: The taxpayers owed the IRS for tax years 1993-2004 and had worked with two other tax resolution firms, who they said: “did nothing.” They had a friend that recommended they seek out Legacy Tax & Resolution Service. The taxpayers were current with […]