The adventures & musings of an Enrolled Agent representing clients in Tax Controversy cases at the Neighborhood Christian legal clinic - Low Income Taxpayer Clinic.

Indianapolis, Indiana

Common Employee Tax Concerns

Common Employee Tax Concerns

Let’s face it, taxes are complicated, especially if you own a small business. Read below about tax concerns to avoid some of the most common pitfalls experienced by small business owners today. As your business grows, you will probably need to hire employees. Some of the most common tax concerns involve employee tax issues. WhenRead more about Common Employee Tax Concerns[…]

4 Reasons People Get Into Trouble With the IRS

4 Reasons People Get Into Trouble With the IRS

You don’t want to mess with the Internal Revenue Service. One small mix-up when handling your finances can cost you big. As tax professionals, we offer this list of common ways people get into trouble with the IRS: 1. Claiming too many exemptions when completing your W-4 form for paycheck withholding. An exemption gives youRead more about 4 Reasons People Get Into Trouble With the IRS[…]

JAMES M. FLOYD, JR., EA RECEIVES DIPLOMA IN BOOKKEEPING

JAMES M. FLOYD, JR., EA RECEIVES DIPLOMA IN BOOKKEEPING

JAMES M. FLOYD, JR., EA RECEIVES DIPLOMA IN BOOKKEEPING FOR IMMEDIATE RELEASE: May 8, 2017 Indianapolis Resident Graduates from Ashworth College ATLANTA, GA.— James M. Floyd, Jr, EA of Indianapolis, Indiana graduated with a Diploma in Bookkeeping with Honors from Ashworth College of Atlanta, Georgia. “Having the additional skill set of bookkeeping enhances my abilitiesRead more about JAMES M. FLOYD, JR., EA RECEIVES DIPLOMA IN BOOKKEEPING[…]

Let’s Talk Taxes: Staying off the IRS Radar Screen

Let’s Talk Taxes: Staying off the IRS Radar Screen

Nothing strikes terror in the heart of the American taxpayer quite like finding a letter in the mailbox from the IRS! In an effort to help you avoid that unpleasant scenario, provided below are examples of some common pitfalls to avoid if you don’t want the IRS lining up to be your new pen pal.Read more about Let’s Talk Taxes: Staying off the IRS Radar Screen[…]

Let’s Talk Taxes: Solace for the Non-Filer

Let’s Talk Taxes: Solace for the Non-Filer

Has it been awhile since you filed a tax return? Feeling guilty? Scared? Don’t know what to do? Do you even need to file? Many people become non-filers each year for a number of reasons. They lose the paperwork, they couldn’t pay, or they forgot about it. Sometimes illness, family crisis or depression plays aRead more about Let’s Talk Taxes: Solace for the Non-Filer[…]

IRS Private Debt Collection Program

IRS Private Debt Collection Program

The Internal Revenue Service began a new private collection program of certain overdue federal tax debts selecting four contractors to implement it. The new program, authorized under a federal law enacted by Congress, enables these designated contractors to collect, on the government’s behalf, outstanding inactive tax receivables. Authorized under a federal law enacted by CongressRead more about IRS Private Debt Collection Program[…]

IRS Explains How Offer in Compromise Works

IRS Explains How Offer in Compromise Works

Taxpayers who have a tax debt they cannot pay may have heard that they can settle their tax debt for less than the full amount owed. It’s called an Offer in Compromise. Before applying for an Offer in Compromise, here are some things to know: In general, the IRS cannot accept a settlement offer ifRead more about IRS Explains How Offer in Compromise Works[…]

The President’s Tax Reform Plan

The President’s Tax Reform Plan

“Sooner or later, everything old is new again.” ― Stephen King, The Colorado Kid One hundred, fifty-six years ago (as of July, 2017), the nation’s first income tax, the revenue act of 1861, was signed into law in the United States. Needed to pay off Federal debt, and to support the burgeoning Union war effort,Read more about The President’s Tax Reform Plan[…]

Presidential Executive Order on Identifying and Reducing Tax Regulatory Burdens

Presidential Executive Order on Identifying and Reducing Tax Regulatory Burdens

President Trump issued an Executive Order directing the Secretary of the Treasury to  immediately review all significant tax regulations issued by the Department of the Treasury on or after January 1, 2016, and to then identify in an interim report to the President all such regulations that: (i)    impose an undue financial burden onRead more about Presidential Executive Order on Identifying and Reducing Tax Regulatory Burdens[…]

Let’s Talk Taxes: Greetings from the IRS!

Let’s Talk Taxes: Greetings from the IRS!

You’ve just picked up your mail and … uh oh, there among the ads, bills and too numerous offerings for credit cards is that official looking letter from the Internal Revenue Service. A feeling of dread comes over you…but don’t panic or toss it, and please DO open it. It might even be good news.Read more about Let’s Talk Taxes: Greetings from the IRS![…]