IRS letters* are landing in mailboxes across the country in higher numbers than they have over the last few years. These are official correspondence sent by the Internal Revenue Service (IRS) to taxpayers. Each letter serves one of various purposes and cover a wide...
Filed by the deadline but still not seeing that refund in your bank account? You’ are probably not alone. Many taxpayers eagerly await their refund each year, but sometimes the process can take longer than expected. Below I am covering several common reason for...
While there is no guaranteed way to avoid an IRS audit, there are some steps you can take to reduce your risk: Be accurate: Ensure that your tax return is accurate and complete. Hold on to all of the supporting documentation to back up the figures you report for at...
Tax day is right around the corner, and for many of us, it’s a stressful time we keep putting off. We all want to make sure that we’re doing everything right and that we’re not missing out on any deductions or credits. But when it comes to doing tax...
If you own an eligible business with 5 to 24 employees, you have until March 30, 2023 to either register for MyCTSavings or to let the Comptroller’s office know that you already offer a retirement program. Find out more at MyCTSavings.com. RES Consulting & Tax...
