cash sales need to be reported or you get a tax audit
Office in Freehold NJ |
732-333-0681 | Schedule an Appt
cash sales need to be reported or you get a tax audit
Filing federal tax forms is one of those annual events that most people view as a hassle and not everyone can afford the taxes they owe, particularly in the era of the Covid pandemic. In fact, the back taxes owed by US taxpayers exceeds $130 billion dollars. Collecting on the back taxes is part of … Continued
Frustrated with not getting through the IRS? Only 3% of the calls from the general public number ever get through to a person according to according to Eric Collins, of the National Taxpayer Advocate’s office. Even the practitioners phone line is up to a 3 hour wait. For the past year, I have been telling … Continued
You happily open the mail, until there it is: A letter from the IRS. Your stomach goes into a pit. You open it with dread and the paper has in bold print Notice of Federal Tax Lien. A Notice of Federal Tax Lien (NFTL) is a public record and is generally filed with the County … Continued