Alabama Bank Levy (Seizure)
Alabama Department of Revenue (DOR) Bank Levy – How to Release and Resolve The Alabama Department of Revenue is very aggressive and very tough to negotiate with. We do not recommend you “go it alone.” An Alabama Department of Revenue bank levy (also known as a bank seizure or bank freeze) is a legal action […]
IRS Just Sent Me an IRS Audit Letter- Letter to Transmit Examination Report– (CP 915)- What Do I Need to Know?
The IRS has a series of audit letters, each has its own level on the stress gauge. Check out the links to learn more: Notice of Audit and Examination Scheduled – Stress level is manageable, but the unknown is probably killing you. IRS CP 2000- Automatic Adjustment Notice—Pretty mellow, usually just missing some items from […]
What to Know About R&D Tax Credits for Dentists
Many dentists have recently been exploring the potential applicability of the R&D Tax Credit to their practices. What is the R&D Tax Credit?The goal of the R&D text credit is to encourage businesses to undertake research and development related activities, either through new or improved processes, products or software. While the R&D tax credit has […]
IRS Just Sent Me an IRS Letter 692- Request for Considering of Additional Findings- What Do I Need to Know?
The IRS has a series of audit letters, each has its own level on the stress gauge. Check out the links to learn more: Notice of Audit and Examination Scheduled – Stress level is manageable, but the unknown is probably killing you. IRS CP 2000- Automatic Adjustment Notice—Pretty mellow, usually just missing some items from […]
IRS Just Sent Me an IRS Letter 525- General 30 Day Letter – What Do I Need to Know?
The IRS has a series of audit letters, each has its own level on the stress gauge. Check out the links to learn more: Notice of Audit and Examination Scheduled – Stress level is manageable, but the unknown is probably killing you. IRS CP 2000- Automatic Adjustment Notice—Pretty mellow, usually just missing some items from […]
How the R&D Credit Can Help New Companies Offset Payroll Taxes
The R&D credit was permanently extended as part of the Protecting Americans from Tax Hikes (PATH) Act of 2015. The bill included enhancements starting in 2016, including offsets to the alternative minimum tax and payroll tax for eligible businesses. While the credit used to offset payroll, taxes is based on eligible R&D expenses, it only […]
IRS Just Sent Me an IRS Letter 3391- 30 Day Non-filer Letter – What Do I Need to Know?
The IRS has a series of audit letters, each has its own level on the stress gauge. Check out the links to learn more: Notice of Audit and Examination Scheduled – Stress level is manageable, but the unknown is probably killing you. IRS CP 2000- Automatic Adjustment Notice—Pretty mellow, usually just missing some items from […]
IRS Just Sent Me a CP 2000- Automatic Adjustment Notice- What Do I Need to Know?
The IRS has a series of audit letters, each has its own level on the stress gauge. Check out the links to learn more: Notice of Audit and Examination Scheduled – Stress level is manageable, but the unknown is probably killing you. IRS CP 2000- Automatic Adjustment Notice—Pretty mellow, usually just missing some items from […]
IRS Just Sent Me a Notice of Audit and Examination Scheduled – What Do I Need to Know?
The IRS has a series of audit letters, each has its own level on the stress gauge. Check out the links to learn more: Notice of Audit and Examination Scheduled – Stress level is manageable, but the unknown is probably killing you. IRS CP 2000- Automatic Adjustment Notice—Pretty mellow, usually just missing some items from […]
IRS Just Sent Me a We Applied Your State Refund to Your Unpaid Liabilities (CP 92 or CP 242) – What Should I Do?
The IRS goes through a series of notices in their collections system, from Cold (barely on the radar) to Smoldering Hot (requires immediate attention). Check out the links to learn more: CP14 – Not too scary (Cold). CP501 – Still pretty cool (Getting warmer). CP503 – Getting warmer still CP504 – Getting uncomfortable Letter 1058/Letter […]