Category: Tax Help

  • AI taking over tax preparation? IRS CP2000 Notices

    Should we be worried that AI will take over preparing tax returns? The truth of it is, AI has been preparing tax returns for IRS for a long time. The computers at IRS use the basic set up for your taxes, give you the minimum deductions you would likely have, and prepare a tax return…

  • Goals of an IRS Audit

    The goal of an IRS Audit is to enforce the tax law fairly and efficiently to increase voluntary compliance and narrow the tax gap. When you are selected for an IRS audit it can disrupt your life and invade your privacy. It can be expensive to hire representatives who know the law to defend you…

  • Why can’t IRS just file my return for me?

    Over the years as a tax professional I have seen what happens when the IRS files a return for you. They will only do this for you, if the end result will be a balance due to them, the IRS. When a taxpayer hasn’t filed a return, and income documents have been received by IRS…

  • What is the Annual gift tax exclusion and do I need to do it?

    The benefit of gifting the annual Gift Tax Exclusion is to move money out of your estate without estate tax. The estate tax starts when your assets are $12million per person and you transfer them to others, before or after your death. A person who expects they will have a taxable estate at their death…

  • Last minute tax planning for 2022 and dates to remember in 2023

    The end of the year is almost here, it is important to make any last minute tax moves now that will affect your income for 2022. If your income is up, you may want to look into purchasing new business assets or new to you equipment. Pay out bonuses to worthy employees, or contribute to your…

  • Tax Organizers

    Need Help Gathering your Tax Documents? Use these Tax Time Organizers to make sure you are including everything when you file your taxes. Taxpayers with Children Taxpayers with Business and Rental Activities When it is time to get tax help, Hire and EA, We Speak Tax!

  • Tax Preparation Services

    Do you have a tax question, or is it time to start having a professional prepare your returns. Green Tax Clinic can help with your individual and small business tax matters. Service areas include: Tax Preparation Services Individual Tax Return Preparation Business Tax Return PreparationEstate Trust Tax Return Preparation Accounting & Bookkeeping guidance, account overview…