hrltax.com RSS Feed http://hrltax.com/ Take a look at our recent blog posts and client newsletter articles. en-us Fri, 01 Feb 2019 09:00:00 -0600 Fri, 01 Feb 2019 09:00:00 -0600 Tax Filing Season Begins http://www.hrltax.com/newsletter.php#1 January 28, 2019, marked the start of this year's tax filing season, and it's the first time taxpayers will be filing under the new tax reform laws. Complicating matters is the newly revised Form 1040. Fri, 01 Feb 2019 09:00:00 -0600 http://www.hrltax.com/newsletter.php#1 Seven Common Small Business Tax Myths http://www.hrltax.com/newsletter.php#2 The complexity of the tax code generates a lot of folklore and misinformation that could lead to costly mistakes for your small business. Fri, 01 Feb 2019 09:00:00 -0600 http://www.hrltax.com/newsletter.php#2 Avoiding the Penalty on Early Distributions http://www.hrltax.com/newsletter.php#3 Need to withdraw funds from your retirement plan before you retire? You could be hit with a 10 percent penalty unless you qualify for an exception. Fri, 01 Feb 2019 09:00:00 -0600 http://www.hrltax.com/newsletter.php#3 IRS procedure and Taxpayer\'s solution to Non-Filed Tax Returns http://www.hrltax.com/blog.php?id=16 This section discusses the procedures involved in handling nonfiled tax returns. Sat, 12 Jan 2019 09:00:00 -0600 http://www.hrltax.com/blog.php?id=16 2018 Tax Law Update on S-Corporation Business Credit and Reasonable Compensation http://www.hrltax.com/blog.php?id=15 This article helps to explain the 2018 tax law updated on S-corporation business credit and reasonable compensation Wed, 02 Jan 2019 09:00:00 -0600 http://www.hrltax.com/blog.php?id=15 The Tax Consequences of Losing your Job http://www.hrltax.com/newsletter.php#3 If you've lost your job, you may have questions surrounding unemployment compensation, severance, and other issues that could affect your tax situation. Tue, 01 Jan 2019 09:00:00 -0600 http://www.hrltax.com/newsletter.php#3 Tax Tips for Older Americans http://www.hrltax.com/newsletter.php#2 Everyone wants to save money on their taxes, and older Americans are no exception. If you're age 50 or older, here are six tax tips that could help you do just that. Tue, 01 Jan 2019 09:00:00 -0600 http://www.hrltax.com/newsletter.php#2 Important Tax Changes for Individuals and Businesses http://www.hrltax.com/newsletter.php#1 Welcome, 2019! Each year brings changes to current tax law, and this year is no different. From tax rate schedules to health savings accounts, here's what you need to know. Tue, 01 Jan 2019 09:00:00 -0600 http://www.hrltax.com/newsletter.php#1 Tax Audit/Examination 1.1- IRS Individual Income Tax Examination [Form 1040] http://www.hrltax.com/blog.php?id=14 IRS Tax Audit/Examination, what Taxpayers should know. Mon, 08 Oct 2018 09:00:00 -0500 http://www.hrltax.com/blog.php?id=14 Tax Audit/Examination [Series 1] http://www.hrltax.com/blog.php?id=12 What you need to know and what you need to do when you encounter a tax audit by tax agencies including the IRS, CDTFA formerly known as BOE, and EDD? Sat, 14 Jul 2018 04:00:00 -0500 http://www.hrltax.com/blog.php?id=12 2018 Tax Updates [IMPORTANT INFORMATION] http://www.hrltax.com/blog.php?id=11 As the New Year rolls around, it's always a sure bet that there will be changes to current tax law and 2018 is no different now that many of the tax provisions pursuant to the Tax Cuts and Jobs Act of 2017 (TCJA) are in full effect. From health savings accounts to tax rate schedules and standard deductions, here's a checklist of tax changes to help you plan the year ahead. Mon, 08 Jan 2018 03:00:00 -0600 http://www.hrltax.com/blog.php?id=11 2018 Tax Season due dates and 2018 IRS updated information http://www.hrltax.com/blog.php?id=10 2018 Tax Filing Season Begins on Monday, January 29, 2018. Individual Tax Returns Due date is on April 17. Several IRS tools are Available to help Taxpayers during 2018 tax filing season. Mon, 08 Jan 2018 03:00:00 -0600 http://www.hrltax.com/blog.php?id=10 Authorities of an Internal Revenue Service (IRS) Revenue Officer http://www.hrltax.com/blog.php?id=9 A summary of the authorities of an IRS revenue officer. Wed, 31 Aug 2016 04:00:00 -0500 http://www.hrltax.com/blog.php?id=9 methods by which the IRS selects tax returns for examination (How does IRS select Returns for examination) http://www.hrltax.com/blog.php?id=8 By understanding the process of how IRS selects tax returns for audit or examination, it could help taxpayers and tax practitioners to prepare tax returns using favorable presentation techniques and to understand the likely issues if an examination ensues. Tue, 16 Feb 2016 03:00:00 -0600 http://www.hrltax.com/blog.php?id=8 2016 IRS IRA Contribution Limits http://www.hrltax.com/blog.php?id=7 IRS Individual Retirement Account Deduction Limit (Retirement Topics - IRA Contribution Limits) Mon, 11 Jan 2016 03:00:00 -0600 http://www.hrltax.com/blog.php?id=7 How to approach IRS Appeals for your tax assessment? Ways to Resolve IRS tax debt collection. http://www.hrltax.com/blog.php?id=6 After experiencing years of devastating economic conditions, many individuals are finding that they are unable to keep up with their income tax obligations. So, how does a person recover from the economic crisis when the IRS is beating on the door with notices on a daily basis? Tue, 15 Dec 2015 03:00:00 -0600 http://www.hrltax.com/blog.php?id=6 IRS Automated Collection System (ACS) vs. Revenue Officer: What is the Difference? http://www.hrltax.com/blog.php?id=2 What is the difference between IRS automated collection system and IRS revenue officer? My blog contains all the necessary information which trouble taxpayers should know before making any contact with IRS collections. Sat, 19 Sep 2015 04:00:00 -0500 http://www.hrltax.com/blog.php?id=2