by adminzzz | Mar 3, 2023 | Torchlight Tax
Your worst fear has occurred. The IRS is auditing you. Whether it is a correspondence audit by mail, an audit down in your local IRS Office, or an IRS Field Audit in your home or business, it is stressful. You can represent yourself in an IRS Audit and may even...
by adminzzz | Mar 3, 2023 | Torchlight Tax
By Dave Horwedel, EA The IRS has issued a warning about improper Employee Retention Credit ERC or ERTC submissions, and has warned employers not to run afoul of the law by using unethical or untrained third parties. I will be quoting from it shortly and will also...
by adminzzz | Mar 3, 2023 | Torchlight Tax
EMPLOYEE RETENTION CREDIT PAYROLL PROTECTION LOANS ECONOMIC INJURY DISASTER LOANS The time to get ready for an IRS Audit is BEFORE the IRS begins the audit procedure. Just like in the castles of old, you wanted your castle ready before the enemy army appeared outside...
by adminzzz | Mar 3, 2023 | Torchlight Tax
By Dave Horwedel, EA This article shows the employer how he can ensure his employee retention credit submission is correctly done, so his ERC is safely maximized. Many eligible employers are getting the maximum $26,000 per employee on their 2020-2021 payroll. If you...
