by Matt Wright | Aug 16, 2018 | Tax Preparation
The Tax Cuts and Jobs Act of 2017 will affect how much tax you owe in 2018. Understanding how these changes affect your taxes may help you make changes now to reduce the taxes you pay. It is also important to make sure you are properly paying your quarterly estimated...
by Matt Wright | Aug 9, 2018 | Tax Resolution
Get Compliant. Filing tax returns for every year you have or may have a filing requirement is always the best solution. There is no statue of limitations on un-filed tax returns. If the IRS discovers you had or may have had income in a year with an un-filed return...
by Matt Wright | Aug 6, 2018 | Collections, Offer In Compromise
We are offering fixed pricing for taxpayers that qualify for streamlined offer-in-compromise. The rate is $350 including all forms and required responses through acceptance or rejection. This offer does not include the cost of appeals. To qualify your household...
by Matt Wright | Aug 3, 2018 | Uncategorized
The IRS is putting out the word that many tax payers may not be withholding enough from their paychecks this year. Changes to the tax rules stemming from the Tax Cuts And Jobs Act of 2017 may have made the W4 filed with your employer not accurately reflect your...
by Matt Wright | Jul 31, 2018 | IRS, Tax Resolution
Being notified of an impending audit can be both frightening and overwhelming. IRS audits come in three basic varieties: the correspondence audit, the office audit, and the field audit. We can work with you to prepare for any type of audit. More importantly, once...
by Matt Wright | Jul 17, 2018 | Bitcoin, IRS, Tax Preparation, Tax Resolution, Virtual Currency
There continues to be a lot of confusion around how virtual currency is treated for federal income tax purposes. The IRS treats virtual currency as property. It is treated like any other property. Therefore all of the following are true: If you purchase virtual...
by Matt Wright | Jul 16, 2018 | ATS News
Advanced Tax Services has expanded the scope of the free consultation we offer clients. We will now include a review of your IRS transcripts as part of our standard free consultation. How Does It Work? We will begin with a discussion and find out more information...
by Matt Wright | Feb 6, 2018 | Old News
Our tax season hours are now in effect. We are available to answer calls and email between 8:00 AM and 7:00 PM Monday through Saturday. Give us a call at (972) 521-7800.
by Matt Wright | Feb 2, 2018 | IRS
As tax season begins we all need to vigilant in watching out for fraudulent tax schemes and identity theft. If you see something that looks to good to be true, then look out. A quick consultation with an enrolled agent can help you avoid making a costly mistake....
