by Levins Tax | Mar 10, 2022 | Uncategorized
A member of the Internal Revenue Service’s (IRS) assistant division and national fraud counsel teams announced her department’s intention to increase their remittance of “John Doe” letters to cryptocurrency companies soon. The IRS has previously sent these letters to...
by Levins Tax | Mar 10, 2022 | Uncategorized
Debts can make anyone feel overwhelmed; however, there are few creditors that most U.S. consumers fear more than the Internal Revenue Service (IRS). There are many ways to find yourself owing $50,000, $100,000 or even $200,000 or more to the IRS. For example, you may...
by Levins Tax | Mar 10, 2022 | Uncategorized
Paying taxes on time can be challenging. For some, there are situations when they are unable to pay them at all. Financial difficulties or emergencies occur in people’s lives, which can result in postponing timely tax payments. Taxpayers are sometimes unprepared for...
by Levins Tax | Mar 7, 2022 | Uncategorized
The IRS has made it mandatory for all U.S. citizens and Green Card holders to file their tax returns annually. You can file your taxes yourself using tax preparation services such as H&R Block or Liberty Tax. In essence, tax preparation services help people with...
by Levins Tax | Mar 6, 2022 | Uncategorized
Corporations are entitled to deductions that will be subtracted from the total gross revenue of the business. The total is the corporation’s taxable net income. For corporations in Massachusetts, some taxes are deductible under the Federal Internal Revenue Code but...