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The Challenge of Allowable Living Expenses for Richardson Taxpayers Who Owe the IRS

The Challenge of Allowable Living Expenses for Richardson Taxpayers Who Owe the IRS

by Teresa Bilsky | Uncategorized

According to IRS calculations, the 2021 allowable living expenses for a typical family of four didn’t change a single dime from 2020 .It went from $1,740 per month to… $1,740 per month.The IRS clearly missed the memo regarding pandemic inflation from their colleagues...
Is The Employee Retention Tax Credit Right For Your Richardson Business?

Is The Employee Retention Tax Credit Right For Your Richardson Business?

by Teresa Bilsky | Uncategorized

There is a LOT of smoke emanating from Congress right now. As usual, with Congress, there are always rumors and mutterings — what matters is what is actually signed into law.And we’ll keep you up to date on what you might need to know.But speaking of...
Small Business Tax Credit Updates Richardson Owners Will Want to Consider

Small Business Tax Credit Updates Richardson Owners Will Want to Consider

by Teresa Bilsky | Uncategorized

I wanted you to know about something that came across my desk the other day because it is potentially very good news…Not many are talking about this, but there have been some MAJOR new Economic Injury Disaster Loan (EIDL) program updates from the SBA…New...
How To Find a Tax Preparer For Richardson Folks With IRS Problems

How To Find a Tax Preparer For Richardson Folks With IRS Problems

by Teresa Bilsky | Blog, TaxRes

I’m guessing tax season isn’t exactly at the front of your mind everyday. But it should be! (At least in the top five things at the front of your mind.) Because as long as you’re getting paid by someone or something, taxes don’t stop. And when...
The Real Risk From An IRS Audit by BFG Tax Help

The Real Risk From An IRS Audit by BFG Tax Help

by Teresa Bilsky | Blog, TaxRes

You see that piece of mail in your mailbox with the IRS letterhead, and a certain fear kicks in. (Unless, of course, you’ve “been there, done that”, and you had us on your side). But the natural fear of what the IRS might be wanting to tell you (the...
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Canton, TX 75103

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