Most Searched Tax Questions This Tax Season

Whether this is your first tax season, or you are experienced, when it comes to taxes, people always have questions. I decided to consolidate the top Google trending tax questions for 2020 and to provide the answers. When will I get my tax refund? The Internal Revenue Service (IRS) issues most Federal refund checks within…

Myth: All CPAs Prepare Taxes

I am writing this post to clarify the common misconception that all Certified Public Accountants (CPAs) have the answers to all tax questions and will prepare tax returns. The truth is, CPAs do not always have the answers stored in their heads. When we complete the four part exams for certification in the following areas:…

I owe the IRS, What should I do now?

Most people hope to receive a tax refund, or have a zero tax bill when they prepare their taxes. However, there are millions of families and individuals, that end up owing additional taxes (tax due). In this situation, what do you do, if you cannot afford to pay the amount that you owe? Do you…

Mr. IRS, where’s my refund?

With it being tax season, I thought it fair to share a post relating to this. Most Americans hope for a refund, wanting to get in on this “free money” but do you fully understand how a refund works? A tax refund is money that you overpay during the year that is returned to you…