Note that we are noticing more and more of our colleagues having overseas help as a way to reduce cost in some cases and others because of the lack of accounting and tax professionals in the United States. As of the date of this post, we do not outsource our accounting and tax preparation to
In mid June 2024, Victor Garrido attended an IRS conference "Working Together" where the IRS made presentations on several topics. One of the latest pain points shared by the agency was the elevated number of scams and fraud activities conducted through: phone calls to taxpayers, especially elder citizens that might have dementia, Alzheimer, or other
Our advice to our clients is to provide us the notice from the tax authority as soon as they receive it, so we can review it, check your tax returns and other tax records and either explain in plain English the letter to the taxpayer or reply to the IRS notice. In some cases, we
