I have a registered LLC in the state of California as a manager-managed company. I am the only owner, have no employees, and want to switch to an S-Corp. I faxed the necessary forms last week. How do I know if the IRS has received my form and if my file is currently in the process of being revised? Also, can you confirm that an S-Corp versus an LLC is a good way to avoid paying taxes as an independent worker and LLC manager?

January 8th, 2023

I feel like I’m paying too much tax. Is there anything that can be done for me to avoid paying so much taxes?

July 18th, 2024

I received an audit from the IRS stating that I owe more than $2000. The letter mentions changes to the Recovery Rebate Credit and an individual claimed as a dependent, which we did not claim. The computation was also incorrect. I need to talk to an expert regarding this.

April 23rd, 2024

What is the maximum amount I can earn each month while receiving Social Security Disability Insurance (SSDI) benefits in 2022?

April 10th, 2024

I was misled about filing taxes for my self-employed bait trap business. I'm 70 years old now and haven't filed for the past three years. I saved all expenditures and earned around $30,000. Should I amend my tax returns, and if so, what steps should I take?

October 28th, 2024