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What Happens When Unpaid Tax Penalties Pile Up for Mount Vernon Taxpayers

What Happens When Unpaid Tax Penalties Pile Up for Mount Vernon Taxpayers

by Lynn Karam | Uncategorized

Tax Day has come and gone for most of the country. And, if you did, in fact, miss recording extra income from your Mount Vernon rideshare side gig (or some other income source)…Well, the deadline to pay your taxes penalty-free has passed too. If you ended up owing the...
When Mount Vernon Taxpayers Need to File an Amended Return

When Mount Vernon Taxpayers Need to File an Amended Return

by Lynn Karam | Uncategorized

Well, tax day is behind us. That wasn’t so bad… was it?But if you have a nagging feeling that you missed something… maybe some extra income from that little stint you did for a local Mount Vernon theater company? Maybe a deduction that you just realized you were...
A Warning About Social Media Tax Advice for Mount Vernon Taxpayers

A Warning About Social Media Tax Advice for Mount Vernon Taxpayers

by Lynn Karam | Uncategorized

I’ve had plenty of clients over the years come to me in a terrible position with their taxes because they trusted the wrong person’s advice or fell prey to a scam… or both. In fact, the third most commonly reported fraud is tax refund fraud, and every year...
Common Tax Penalties Mount Vernon Taxpayers Can Easily Avoid

Common Tax Penalties Mount Vernon Taxpayers Can Easily Avoid

by Lynn Karam | Uncategorized

Remember that frantic scramble to file your taxes on April 15th? Procrastination happens, especially with taxes.But a rushed job often leads to a botched job. Why? Because there’s no time to double check to make sure everything is right. Small mistakes can be a big...
IRS Collection Notices Hitting Your Mount Vernon Mailbox?

IRS Collection Notices Hitting Your Mount Vernon Mailbox?

by Lynn Karam | Uncategorized

One thing you don’t really want showing up in your Westchester County mailbox (besides all of those dental office and windows installation ads) is a collection notice from the IRS.And, for two years, you had a reprieve thanks to the IRS halting many of their...
Crypto Tax Reporting and Keeping Mount Vernon Investors Accountable

Crypto Tax Reporting and Keeping Mount Vernon Investors Accountable

by Lynn Karam | Uncategorized

Picture this: You’ve been dabbling in cryptocurrency – Bitcoin, Ethereum, maybe even a few of those meme coins. You’ve made some decent trades, seen some gains. Life is good. But there’s that nagging feeling in the back of your mind – did you handle the...
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