by HintonBurdick | Mar 1, 2021 | News
Although just 0.15 percent of taxpayers were audited in 2019, the fear of being audited is never far from many taxpayer’s minds, and with the taxes becoming more complicated every year, there’s an even greater possibility of confusion turning into a tax...
by HintonBurdick | Sep 1, 2020 | News
Each year, the IRS mails millions of notices and letters to taxpayers for a variety of reasons. If you receive correspondence from the IRS don’t panic. You can usually deal with a notice simply by responding to it. Most IRS notices are about federal tax returns...
by HintonBurdick | Jul 1, 2020 | News
With the federal tax deadline just weeks away, taxpayers who owe money (including those who may owe estimated and other business taxes) should know about these six options for quick and easy electronic payments: Taxpayers who owe a 2019 income tax liability, as well...
by HintonBurdick | Mar 16, 2020 | Audit & Attest Services, Tribal Audit & Assurance
When most small business owners hear the word “Audit,” they automatically think of the Internal Revenue Service (IRS) meticulously looking over every transaction trying to squeeze every penny out of their company that can be justified. If you have ever been through an...
by HintonBurdick | Sep 4, 2019 | News
More than 400,000 eligible taxpayers whose withholding and estimated tax payments fell short of their total 2018 tax liability will have the estimated tax penalty automatically waived or refunded (if they already paid the penalty) on 2018 returns filed with the IRS....