In July 2025, the president signed the “One Big Beautiful Bill Act” into law. This new law makes many changes to how we all pay taxes. Some of these changes are significant, especially for people living in New York. Remember,…
As a taxpayer, you are legally obligated to file a tax return annually with the Internal Revenue Service. The IRS periodically examines its records to determine whether taxpayers have met this requirement. If the IRS cannot locate your tax return…
When the IRS sends you a Form 4564 IDR, it does not necessarily mean you are automatically facing a penalty. What it does mean is that the IRS is looking into your tax return and wants to receive more information…