Correcting an IRS Assessment Caused by an Incorrect Form 1099
SITUATION: A client received an IRS tax assessment because a 2018 Form 1099 reported income the client had never received.
WHAT WE DID: We reviewed the available records, helped prepare the response, and supported the client through the resolution process.
RESULT: More than $12,000 in incorrectly assessed tax was removed.
Discuss Your Situation Setting Up Payroll for a Nail Salon
SITUATION: A nail salon owner needed a reliable payroll system and wanted to understand how to manage regular payroll independently.
WHAT WE DID: We set up the payroll system, organized the required information, and trained the owner to process payroll and handle related administrative tasks.
RESULT: The business received a clear payroll process that the owner can manage independently.
Preparing the Final Tax Return for a Multi-Member LLC
SITUATION: A multi-member LLC sold its business operations and needed to file its final business tax return. One partner lived outside the United States, which created additional reporting requirements.
WHAT WE DID: We organized the closing-year information, prepared the final return, and included the required foreign partner reporting.
RESULT: The LLC completed its final business tax filing with the applicable international reporting.