KLSM CPA Firm PLLC
|Posted on January 29, 2021 at 2:55 PM|
What You Need to Know About Tax Liens and Levies
Failure to pay federal income tax can have serious repercussions. Not only will the IRS likely charge you fines and interest on the unpaid balance, but the IRS may also enforce collection with a tax levy or tax lien. Let's review what a tax lien and tax levy is, how they work, and what you can do if faced with one.
What is a tax lien?
A tax lien is a federal government lawsuit a...Read Full Post »
|Posted on October 16, 2019 at 10:35 PM|
Join KLSM CPA Firm, as we partner with the Small Business Expo to offer a FREE webinar on November 7, 2019 entitled, Protecting Your Business: An Accounting, Tax and Fraud Perspective. During this webinar we will cover the topics above and much more to help you protect your business. Don't wait until, the webinar is sold out...Read Full Post »
|Posted on September 2, 2019 at 6:35 PM|
Have you received a letter from the IRS? Do you owe back taxes? Stop your panicking! On this week's episode, we posted a short video that explains exactly what you need to do when you can't pay your taxes. Watch and Listen to the episode onYouTube: https://youtu.be/om-k64jlktc
|Posted on January 8, 2019 at 11:25 PM|
The Internal Revenue Service announced that the nation's Tax Filing Season will begin on Monday, January 28, 2019. Additionally, Tax refunds will go out, despite the government shutdown.
|Posted on October 7, 2018 at 10:50 PM|
|Posted on January 3, 2018 at 6:25 PM|
This is a friendly reminder that this year's filing deadline for issuing 1099's is January 31, 2018. Now is a good time to get your books up to date and identify who will need a Form 1099. Don't wait until the last minute!
- Do you or your business need to file a 1099? Generally, a 1099-MISC should be issued to any individual or entity paid $600 or more for nonemployee compensation, rent, prizes, awards and other types of income...
|Posted on December 27, 2016 at 9:00 AM|