Category: Uncategorized

When Does the IRS Come for Back Taxes?

9 March, 2024 | Late Filed Returns Tax Debt Uncategorized

How Long Until the IRS Comes After You for Back Taxes? Navigating federal back taxes can be daunting, to say the least. If you’ve got unpaid or unfiled taxes to deal with, it’s natural to feel some stress about the possible repercussions. The first step forward is understanding how long it takes for the IRS to initiate collection actions for back taxes. From there you can get a look at the bigger picture of your own situation. As of early 2024, the IRS has recently begun... CONTINUE READING

Comprehensive Guide to New York Sales Tax for Businesses

8 February, 2024 | Sales Tax Uncategorized

Business Owner's Guide to New York Sales Tax Sales tax in New York is a consumption-based tax imposed on the retail sale of tangible personal property and certain services. The state requires individuals and businesses to pay sales tax when purchasing taxable goods and services. For businesses operating in New York, understanding the fundamental aspects of sales tax is paramount to ensuring compliance with state regulations. Here’s everything you need to know about sales tax, i... CONTINUE READING

A Deep Dive Into Form 14653

Living outside the United States while still a citizen can be challenging, as you still have legal obligations and requirements you must fulfill with the U.S. government. It’s easy to fall behind on tax filings and other legal obligations, and in fact, many people d...