2024-25 Annual Tax Planning Guide For Individuals And Families
A tax planning guide for individual income tax planning and family tax planning strategies at 2024 year-end moving into 2025.
After temporarily suspending the mailing of many collection notices during the COVID-19 pandemic, the IRS is resuming its normal operations which includes the mailing of notices that pertain to unfiled tax returns, tax return delinquencies, intents to levy, and withholding compliance.
If you receive one of these notices from the IRS, don’t automatically assume it’s correct and submit payment to make it go away. The IRS can be wrong more often than you think! These IRS notices do need to be taken seriously, but not without undergoing a solid review. Here are some suggested steps to take if you receive one:
With that in mind, Beaird Harris is here to help! Please contact us if you have any questions regarding letters received from the IRS.
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A tax planning guide for individual income tax planning and family tax planning strategies at 2024 year-end moving into 2025.
A U.S. federal tax planning guide for businesses for tax year 2024, including M&A tax planning and ASC 740 tax planning strategies.
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