Tag: finance
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Form 9465 or the Online Payment Agreement: Choosing the Right Installment Request for an October Balance Due
An October balance due looks like a simple choice between the IRS Online Payment Agreement and Form 9465. Steve Perry, EA explains why the request is a resolution decision, how financial disclosure, collection statute timing, and penalty relief shape the outcome, and why professional review should come before any plan is set.
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IRC Section 6662 Penalties: Why Reasonable Cause Might Be Your Best Defense
The accuracy-related penalty under section 6662 is not automatic. The reasonable cause and good faith exception under section 6664(c) can remove it, but the taxpayer must prove it with evidence. This piece explains what the standard requires, why hiring a preparer alone does not satisfy it, and why documentation timing matters.
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The IRS Knows Before You Do: 7 Tax Surprises
IRS automation and data matching mean tax problems surface faster than ever. This blog explains seven common surprises impacting 2026 tax returns and why proactive planning matters. Steve Perry, EA helps taxpayers respond to IRS notices, prevent penalties, and regain control before issues escalate.
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Adoption Tax Credit Updates You Need to Know for 2025
IRS Tax Tip 2025-71 highlights updates to the adoption tax credit that can significantly reduce federal taxes for adoptive families. The credit has strict rules, documentation requirements, and income limits. Steve Perry, EA helps families claim the credit accurately, avoid IRS notices, and protect their refunds.
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What Happens If Your Business Has Not Filed Taxes in Years
When your business has not filed for years, the IRS can create inflated returns, stack penalties, and seize assets. Steve Perry, EA steps in as your advocate, rebuilding records, filing accurate returns, and negotiating with the IRS so you can regain control and protect what you have built.
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Steve Perry EA: Last-Minute Tax Strategies for 2025 Businesses
Steve Perry, EA delivers essential last-minute tax strategies for businesses as 2025 closes. Learn how to lock in valuable deductions, avoid IRS pitfalls, and prepare your entity for major tax law changes. Use these urgent tips to protect profits and optimize your bottom line before the year ends.
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Don’t Let IRS Notices Spoil Your Year-End: Tax Tips from Steve Perry
Before tax season closes, taxpayers must act fast to prevent IRS letters, penalties, and audits. This guide reveals smart year-end tax strategies and how Steve Perry from Books, Taxes & More helps clients stay compliant, protect their peace of mind, and finish the year financially stronger.
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IRS Targets Cash Businesses: Steve Perry EA Shields Your Income
The IRS aggressively targets cash-based businesses, often assuming unreported income. Steve Perry EA knows the IRS playbook, fights back with precision, and protects hard-working entrepreneurs from devastating consequences. With his experience and calm approach, he gives business owners the defense they need when the IRS comes knocking.
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What Happens If You Default on an IRS Payment Plan
When you default on an IRS payment plan, the fallout is severe—garnishments, levies, credit damage, and sleepless nights. But there is help. Steve Perry, EA stands between you and the IRS, negotiating on your behalf and protecting what you have worked for. Do not wait until it is too late.
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What the One Big Beautiful Bill Means for Your Taxes and How Steve Perry, EA Can Help
The One Big Beautiful Bill signed by President Trump in July 2025 brings significant tax changes for individual taxpayers. It permanently extends the reduced income tax rates from the 2017 Tax Cuts and Jobs Act and increases the standard deduction for both single and joint filers. Families benefit from a higher child tax credit, while…
