Tag: Steve Perry EA Atlanta tax resolution
-
Doubt as to Liability: How an Offer in Compromise Can Erase a Tax Bill You Never Actually Owed
Not every offer in compromise is about affordability. A doubt as to liability offer, filed on Form 656-L, disputes whether an assessed tax is correct at all, with no financial disclosure or fee required. This piece explains how it differs from a standard offer, when it cannot be used, and how prior dispute opportunities affect…
-
Missed the S Corp or Partnership Extension Deadline? Here’s What Happens Next
Missing the extended Form 1065 or Form 1120-S filing deadline triggers a per-owner monthly penalty and a CP162A notice. This piece explains why filing immediately matters, and why relief options differ: partnerships may qualify for Rev. Proc. 84-35 or a new automatic exemption, while S corporations generally must request relief directly.
-
How to Calculate (and Not Underpay) Your Q3 Estimated Tax Installment
The Q3 estimated tax installment is not simply last year’s tax bill divided by four. This piece explains why uneven income can understate the standard calculation, why a later payment does not erase an earlier shortfall, and why adjusting withholding, not an estimated payment, can still correct an earlier quarter.
-
The September 15 Deadline Countdown: Everything Business Owners Must File and Pay
September 15 brings two obligations together, the third quarter 2026 estimated tax payment and the extended deadline for calendar year partnership and S corporation returns. This piece explains how each works, why late Schedule K-1s complicate estimated payments, and what happens if the deadline passes without action.
-
The IRS Can Hold Business Owners Personally Responsible
Business owners often assume payroll tax liability ends when a role changes or a business closes. It does not. The IRS reconciles deposits separately from filings and can interview potentially responsible parties years later, when records and memory have faded, making documentation of your involvement and its end date essential.
-
When Business Tax Problems Become Personal Tax Problems
Business tax problems rarely stay contained to the business. IRS information matching, pass-through K-1 taxation, and Trust Fund Recovery Penalty rules can convert a payroll shortfall or unfiled return into personal liability for owners. This piece explains how those systems connect, why waiting narrows options, and how to manage exposure year-round.
