FG Tax LLC Fred Grant updated their website address.
For those of you with businesses where meals and entertainment are a regular expense, take a look how the new tax law has limited those deductions. http://www.cpapracticeadvisor.com/…/tax-reform-law-makes-ch…
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Whether you are self-employed or an employee, if you use a portion of your home exclusively and regularly for business purposes, you may be able to take a home office deduction. Get more tax tips for your business at http://www.fgtax.com/tax-tips-for-businesses.
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FG Tax, LLC Fred Grant: Tax Tips For Businesses
Have you tried everything to resolve a tax problem with the IRS but are still experiencing delays? Seek the assistance of the Taxpayer Advocate Service. https://www.irs.gov/advocate
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Taxpayer Advocate | Internal Revenue Service
DID YOU GIVE ANY LARGE GIFTS IN 2019?
If you gave any one person gifts valued at more than $15,000, it is necessary to report the total gift to the Internal Revenue Service. You may even have to pay tax on the gift. If you are married, both you and your spouse can give separate gifts of up to the annual limit to the same person without making a taxable gift.
Amending a return can be complicated. If you realize you have changes you need to make on a past tax return, the IRS will only issue a refund 3 years from the original file date OR 2 years after paying the tax (the later date wins). Here are a few steps and facts from the IRS regarding amendments. https://www.irs.gov/…/what-taxpayers-should-know-about-amen…
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404 | Internal Revenue Service
