Filing your taxes can be a headache. However, taking the time to submit purchases that are tax-deductible could save you a big chunk of money. Many people don’t file certain tax-deductible purchases because they are unaware of their eligibility. Educating...
Let Morgan Sebastian Law Help Solve Your Tax Problem
Year: 2019
What Are Your Rights During an IRS Field Audit?
If you owe money to the IRS, you may be subject to an IRS field audit. Of all the audits performed by the IRS, field audits are usually the most involved. During this process, it’s likely that an IRS agent or revenue officer will come to your home or business....
How to Effectively Manage Your Tax Bills
No one likes filing their taxes, and if you have a complex situation, the filing process can pose even more of a headache. However, if you choose to put off your taxes and get behind on paying them, things can quickly become more complicated. Working with a skilled...
How to Get Ready for an IRS & State Audit
No one welcomes IRS audits; however, if the IRS notifies you of a pending investigation, it’s important to stay calm. In some cases, your audit may be triggered by a discrepancy in your tax return, and in others, you may have been randomly selected. While for...
What Are the Differences Between a Lien and a Levy?
When a taxpayer fails to pay their taxes, the IRS may choose to file a tax lien or levy against them. For someone unfamiliar with the tax system, receiving a tax lien or levy from the IRS can be confusing to resolve. Outlined below is some helpful information about...
Which of These Notices from the IRS Must You Act on Now?
Chances are if you owe money to the IRS or are dealing with some kind of tax issue, you’ve been bombarded with letters and notices. Some may be mild reminders to pay your taxes, and others may use threatening and scary language to demand you pay up by a certain date....
3 Tax Tips to Start the New Year off Right
Most people think their tax bill is set in stone at the end of the year. While the money savings options available after December 31 are limited, there is still a lot you can do to simplify your taxes and save money. If you have a complicated tax situation or are...
3 Things the IRS Must Do Before Garnishing Your Wages
Wage garnishment occurs when a court orders your employer to withhold a portion of your paycheck and send it to a creditor or person to whom you owe money. Child support, student loans, and consumer debts are the most prominent sources of wage garnishment. In most...
4 End-of-Year Accounting Tips for Small Businesses
Small business owners dread end-of-year accounting. However, despite it being a hassle, it’s imperative for entrepreneurs and small businesses to implement an effective system for year-end accounting. Year-end accounting provides essential insight into the...
Did You Owe Taxes for 2019? Fewer Americans Got Refunds This Year
During tax season, the majority of Americans receive a tax refund. In fact, many Americans have come to rely on receiving a significant check in the weeks or months following their filing date. However, in the past three years, fewer Americans received tax returns...