The Global Black Women in Banking & Finance Magazine & Annual Honors List Launch 2020 is tomorrow from 3-6 pm EST.
The event will be held virtually, and there is still time to register at https://icomgh.wixsite.com/globalblackwibf
Our own Timalyn S Bowens EA will be one of the guest speakers.
America's second biggest fear is talking with the IRS!
You may qualify to not pay the full amount that the IRS says you owe! Check out this article to find out one of the secrets that the IRS doesn't want you to know. There's also a link to our whitelist report: The 7 Secrets the IRS Doesn't Want You to Know.
BOWENSTAXSOLUTIONS.COM
Can You Cut a Deal with the IRS?
How is the loan forgiveness process going for your small business?
Did you struggle with managing the funds and want to avoid that issue again? Visit us at www.bowenstaxsolutions.com to set up a time for us to discuss how money management and your business can be avoided.
BIZJOURNALS.COM
SBA PPP loan forgiveness — here's what you need to know - Washington Business Journal
One thing voters are looking at this year when voting are the two candidates tax plans.
Is former VP, Joe Biden's plan better? Does he want to raise everyone's taxes like President Trump and his team are saying or is it only the wealthy?
WASHINGTONPOST.COM
Opinion | Biden’s new tax plan is progressive. But it misses an opportunity.
"Under the program, investors may defer, reduce, and potentially eliminate their capital gains tax if they invest their gains into such communities for a certain length of time. These benefits can make good investments even better."
https://www.google.com/amp/s/fortune.com/2020/09/16/opportunity-zones-black-community-minorities/amp/
FORTUNE.COM
Commentary: Opportunity Zones haven’t fully reached their potential, but don’t write them off yet
4 Things You Should Know if You Owe the IRS
Contrary to popular believe, the IRS doesn't want to ruin your life and take all of your property. However, they will exercise their right to seize property and garnish your wages if you choose not to deal with your notices from them.
Here are 4 things that you should know if you owe the IRS.
Owe the IRS $20,000+ ?
Book your free, no obligation, no judgment call at https://bookingbowens.as.me/taxrelief
"The Internal Revenue Service still has to process an estimated 2.5 million hard copy income tax returns within a pile of unopened mail that stands at 5.3 million pieces."
Sorry for the wait! They are still processing returns.
MARKETWATCH.COM
The IRS says it still hasn’t opened more than 2 million returns this tax season
Uncle Sam is back full force! If you owe back taxes don't wait until you get your love letter from him.
A common method used to get his money is a tax lien or levy. This article breaks down what a levy is and what you should do if you get a levy on your any of your assets.
BOWENSTAXSOLUTIONS.COM
What is an IRS Levy? What You Should Do If You Get One
Prospect: It doesn't matter if I have these deposits from clients go into my personal account.
Us: Oh yes it does!
"Dick Brocato, Jr., 68, and his wife, Judith L. Brocato, 65, both of Beaumont, Texas, were convicted by a jury of conspiracy to defraud the United States for purposes of impeding the government functions of the Internal Revenue Service (IRS) in the collection of income tax and six counts of making and submitting false tax returns on both their personal and business for 2012-2014...the Brocatos were each sentenced to 33 months in federal prison by U.S. District Judge Marcia Crone. They were also ordered to pay restitution in the amount of $617,762 to the IRS and fines of $15,000 each."
All things must be done in decency and order. Need help finding that tax decency and order in your life?
Book your call with us at www.bowenstaxsolutions.com today.
STL.NEWS
Beaumont, Texas; Dick Brocato, Jr. and his wife Sentenced for Falsifying Tax Returns | USAO-EDTX
Uncle Sam doesn't play when you use his money for something else. In fact sometimes your failure to file and pay turns criminal!
"Steven Allard is scheduled to be sentenced in this latest matter on November 30, 2020. Willful failure to collect or pay over taxes is punishable by statutory penalties of up to 5 years in federal prison, 3 years’ supervised release, and a fine of up to $250,000."
If you're having a hard time paying your taxes right or still need to file your returns schedule your appointment with us at www.bowenstaxsolutions.com today!
JUSTICE.GOV
Iron and Steel Company Owner Admits to Pocketing Employees Federal Withholding Taxes
There ARE options for resolving your tax debt if you can't pay the balance in one payment. It doesn't matter if you owe $20,000, $80,000, or even $250,000. There are options for you!
The IRS is forgiving millions of dollars in tax debt. If you can't pay your balance don't let analysis paralysis creep in!
Book a call with us to see if we're a good fit to work together and put that tax debt behind you! https://bookingbowens.as.me/taxrelief
*** 3:14 should be if you "loan" a friend money :)
If you owe the IRS money and can't pay what you owe in full at the time there are 4 options to resolve that debt.
#3 can protect you from tax liens and levies!
Not sure which option will work best for you or want someone to take care of it for you? Book your call today to see if you're a good fit to work with our office.
https://bookingbowens.as.me/taxrelief
#Taxlien #Taxrelief #Taxlevy #Bankruptcy #Offerincompromise #installmentagreement
"Without these things the request for penalty removal, better known as penalty abatement in IRS terms, will not be accepted."
Make sure that you meet the requirements to qualify for a reasonable cause penalty abatement in this article.
https://www.bowenstaxsolutions.com/post/3-reasons-you-may-be-able-to-get-your-irs-penalties-removed
BOWENSTAXSOLUTIONS.COM
3 Reasons You May Be Able to Get Your IRS Penalties Removed
Timalyn S Bowens EA has a secret that the IRS doesn't want you to know.
If you owe the IRS, have a tax lien, or tax levy you are DEFINITELY going to want to know this secret.
***Spoiler - We have 6 more secrets we want to share with you! Go to www.bowenstaxsolutions.com to download your FREE exclusive whitelist report: The 7 Secrets the IRS Doesn't Want You to Know
If this secret sounds good book your free, no obligation call with today at https://bookingbowens.as.me/taxrelief
Sometimes the penalties owed are worse than the taxes you have to pay.
There are 2 main ways to get you IRS penalties reduced or even removed!
If you want to know if you qualify check out this article.
Qualify for penalty abatement but don't want to go down that road alone? Book your free, no obligation call with us today at https://bookingbowens.as.me/.
BOWENSTAXSOLUTIONS.COM
How to Get Your IRS Penalties Removed
Dear Insurance Agent,
Let me help you BEFORE you get in tax trouble. You love to help people and you're good at sales, that's why you're in the industry right? Well let me help you. Who has your back?
While you're getting your things together for tax season make sure you look at this checklist to make sure you're not missing anything.
You can get your free copy at
www.bowenstaxsolutions.com/insurance
Your Favorite Enrolled Agent,
Timalyn
Facing the IRS can be stressful! So many questions:
How did we get here?
Is this right?
Do I have to pay this?
How will I pay this?
Am I going to go to jail?
Where do I start?
Today's video tells you the first step to resolving your tax debt with the IRS. Before you consider an offer in compromise or requesting that a tax lien or levy be removed you must complete this step first!
If you need help getting started book your call with us at https://bookingbowens.as.me/taxrelief
Timalyn S Bowens EA
November 18 at 3:05 PM ·
I had the honor of being featured in a LEO Weekly article by Danielle Grady. Thanks for the connection Tanika Bryant and the Louisville community that supports me and Bowens Tax & Bookkeeping Solutions.
You can check out the full story here
https://www.leoweekly.com/2020/11/black-owned-businesses-support-theyre-supporting-others/
The IRS e-file system is shutting down November 21st but the IRS is not. If you have returns you need to file to be compliant still get them completed. The IRS will still be sending notices, issuing liens, and levies.
Don't forget to get your free report, 7 Secrets the IRS Doesn't Want You to Know at www.bowenstaxsolutions.com
"One thing that taxpayer's forget about when cutting a deal with the IRS is that they must stay tax compliant or the IRS can take the arrangement that has been made off the table. "
Some of the reasons your OIC may be rejected aren't rocket science but they can be easily overlooked when getting your paperwork together to turn in to the IRS. Check out this article to make sure that if you qualify for an offer you avoid these 4 things that will get the offer rejected.
Need help working with the IRS to get your offer accepted? See if we're a good fit to handle that for you by booking your call at https://bookingbowens.as.me/taxrelief
BOWENSTAXSOLUTIONS.COM
4 Reasons Your Offer in Compromise (OIC) was Rejected
Numerous Areas of Tax Relief for Businesses Provided in the 2021 Consolidated Appropriations Act
Book a free, no obligation tax consultation with our team at https://bookingbowens.as.me/taxrelief
NATLAWREVIEW.COM
Numerous Areas of Tax Relief for Businesses Provided in the 2021 Consolidated Appropriations Act
Join me for my appearance on Wealth Empowerment State of Mind, a new podcast hosted by Linda Ruffenach, highlighting successful business owners who have found wealth beyond money. Listen on iTunes, Spotify, or Google. https://westateofmind.sounder.fm
#WEStateofMind #wealthempowerment #womeninbusiness
Many taxpayers don’t realize the IRS charges a penalty of up to 25% just for filing your tax return late.
Yes, you will get hit with an additional 25% of what you owe if you miss the deadline for filing individual tax returns. It’s even worse for payroll tax returns!
Most people don’t know that you can file your 1040 or 941s on time and AVOID THE 25% penalty even if you don’t send in the money that is owed on the return.
Do you have returns to file but know you can't pay the balance? Book your call to file at https://bookingbowens.as.me/taxconsultation
Owe back taxes and ready to get this stage of life behind you? Book your tax relief call here, https://bookingbowens.as.me/taxrelief to see if we're a good fit to fight the IRS for you.
What to Do if You Can’t Pay Your Taxes?
Find out more!
Book a free, no obligation tax consultation with our team at https://bookingbowens.as.me/taxrelief
FOOL.COM
What to Do if You Can't Pay Your Taxes | The Motley Fool
What Are the Key IRS Tax Changes for 2021?
FOOL.COM
What Are the Key IRS Tax Changes for 2021? | The Motley Fool
