Tag: steve perry ea
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C-Corp Elections and Tax Adjustments That Must Be Handled Before Filing
Some C-Corp tax decisions cannot be handled casually after filing. This blog explains why late-season corporations need to review bonus depreciation elections, de minimis safe harbor statements, partial disposition losses, and certain start-up cost decisions before filing Form 1120 rather than assuming amended returns will solve everything.
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What Individual Filers Can Still Fix Before Filing and What They Cannot Change After Filing
Many individual filers assume they can submit a return now and adjust important items later. This blog explains why that is not always true, focusing on child-related identification requirements and joint-versus-separate filing elections that can become much harder, or impossible, to change after filing.
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What You Still Have Time to Fix Before Filing, and What Becomes Harder to Undo After You Submit
In the last week of March, taxpayers still have time to fix missing documents, verify deductions, and decide whether filing now is wise. Once a return is filed, corrections often become formal, slower, and more visible. Filing quickly is not always the same as filing correctly.
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The Missing Documents That Cause Late-Season Tax Returns to Trigger IRS Problems Later
Missing W-2s, 1099s, K-1s, corrected brokerage statements, and incomplete support records can turn a rushed late-season return into a future IRS problem. The danger is not always immediate rejection. It is later mismatch, amendment, payment issues, and preventable cleanup caused by filing before the information is complete.
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The Last 30 Days of Tax Season: What 1040 and C-Corporation Filers Still Have Time to Fix And What They Don’t
In the final 30 days of tax season, 1040 and C-corporation filers still have time to fix missing documents, incomplete books, and poor filing strategy. What they often do not have time to undo cleanly is a rushed return that triggers amendments, notices, penalties, or avoidable IRS correspondence later.
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How Incomplete Business Books Create Tax Problems at Filing Time
Incomplete business books do more than slow down tax prep. They reduce filing options, compress judgment, and increase the risk of incorrect returns, amendments, and lost time. Filing season problems often begin with unreconciled records, not tax forms. Earlier cleanup preserves leverage and supports better tax decisions.
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The Documents Your Accountant Needs Right Now to File Your Partnership or S Corp Return
Partnership and S corporation returns usually get delayed because critical supporting documents are missing, not because the deadline arrived too fast. This blog explains which records matter most, why incomplete files reduce options, and how early document assembly improves review quality, timing, and filing control for business owners.
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Why IRS Notices Spike During Filing Season, And What to Do First
IRS notices spike during filing season because automated matching, unresolved prior-year issues, and IRS backlogs collide. Understanding why these letters arrive and knowing what to do first can prevent penalties, refund delays, and unnecessary enforcement before a small issue turns into a serious problem.
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IRS E-File Is Open, How to File Without Creating Problems Later
Filing fast once e-file is open often creates problems later. A filed return locks in assumptions that are difficult to undo. Steve Perry, EA focuses on clean filing by confirming income, reviewing prior year items, and addressing issues before they turn into refund delays or IRS correspondence.
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IRS E-File Is Open This Week, What Breaks When People Wait
Once IRS e-file is open, small problems become harder to fix. Missing income, unresolved IRS notices, and incorrect assumptions take longer to resolve under filing season pressure. Steve Perry, EA helps taxpayers identify and address issues early so waiting does not turn into delays, stress, or lost options.
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