by Leif Jensen | Jan 4, 2022 | Taxes |
In certain circumstances, the IRS allows for abatement of penalties. Utilizing Form 843, Claim for Refund and Request for Abatement, to claim a refund or abatement of penalties assessed by the IRS. The IRS instructions to Form 843 list the instances where taxpayers...
by Leif Jensen | Jan 3, 2022 | Tax Court, Taxes |
Taxpayers have the following rights that apply whenever they have dealings with the IRS. The right to be informed – Taxpayers have the right to know what they need to do to comply with tax laws. They are entitled to clear explanations of the law and IRS...
by Leif Jensen | Dec 21, 2021 | Rant |
I was reading an article in Fast Company, where they were discussing all the new ways to make food products, which will be produced worldwide. We can’t get a third of the country to vaccinate, how are you going to get them to eat a 3D printed steak? I am sure at some...
by Leif Jensen | Dec 20, 2021 | Rant |
Leadership is someone who can break tasks down into deliverable items, create teams with clear responsibilities, establish milestones and measures, and hold people accountable succeed in enacting the provisions of the plans. Are you that type of leader? Do you work...
by Leif Jensen | Dec 15, 2021 | Taxes |
I have to admit that tax software has made it easier for people to prepare their own taxes, but there are still situations where it’s smart to bring in a pro. Depending on your income, you may be able to prepare and file your taxes at no cost through the...
