ADVT Review – Nancy B. – El Dorado Hills, CA – August 2022
The team did a great job getting our complicated taxes completed Thank You! Advanced Taxes client - Nancy B. - El Dorado Hills, CA 8/1/2022
Tax Filing Penalties and Interest and How to Dispute IRS Penalties
There are several reasons why the IRS assesses tax filing penalties. Note that the IRS is legally bound, under Internal Revenue Code (IRC) § 6601, to charge interest when a tax filer fails to pay the full amount of tax due to the IRS on time. Additionally, the IRS is entitled to charge interest on assessed penalties. Interest and penalties will continue to accrue until the outstanding tax due, interest, and penalties are paid in full. Learn about tax filing requirements and representation in the event that tax penalties and interest are assessed.
USTI Review – Felicia G. – Jackson, NJ – April 2022
My experience is always an excellent one coming to U.S. Taxes, Inc. for my income tax filing. Daksha is very sweet and polite both on the phone and in person. Soena is wonderful!! She explains [...]
Tax Deductions for the Self-Employed
Knowing which self-employed business expenses qualify as tax deductions can have a significant impact on a business's tax liability. Possible self-employed tax deductions include health insurance, transportation, education, and home office expenses. Learn about self-employed individual tax deduction considerations and requirements.
USTI Review – Felicia G. – Jackson, NJ – April 2022
My experience is always an excellent one coming to U.S. Taxes, Inc. for my income tax filing. Daksha is very sweet and polite both on the phone and in person. Soena is wonderful!! She explains [...]
Tax Deductions for the Self-Employed
Knowing which self-employed business expenses qualify as tax deductions can have a significant impact on a business's tax liability. Possible self-employed tax deductions include health insurance, transportation, education, and home office expenses. Learn about self-employed individual tax deduction considerations and requirements.