Beacon Tax Advocates Blog
Insights and Advice from Your Trusted Tax Resolution CompanyWhether you’re an individual taxpayer or a small business owner, our blog offers valuable information tailored to your needs. From understanding the IRS audit process to resolving an IRS collections matter, we cover a wide range of topics that will empower you to make informed decisions about your tax situation.
We believe that knowledge is power. By staying informed about your IRS situation, you can better understand your situation and the advice provided by our tax professionals.
Featured Posts
Unfriendly Skies – IRS is Now Coming After Corporate Jet Owners!
IRS Plans Aggressive Audits of Corporate Jet Owners Audits are on the horizon for corporate jet owners. 99% of America will be unaffected BUT I see this as signaling a more aggressive IRS. While the heading mentions audits of corporate...
PSA – Key Deadline Fast Approaching in Employee Retention Credit Voluntary Disclosure Program
PSA: Key Deadline Fast Approaching in Employee Retention Credit Voluntary Disclosure Program If you claimed the employee retention credit (ERC) and maybe you should not have then you may want to consider taking advantage of the IRS'...
PSA – Quick Snapshot of the IRS Employee Retention Credit Voluntary Disclosure Program
PSA: A Quick Snapshot of the IRS Employee Retention Credit Voluntary Disclosure Program Late December the IRS rolled out a new voluntary disclosure program for taxpayers who improperly claimed the employee retention credit (“ERC”). I am...
PSA – IRS Issuing Disallowance Letters for 20,000 Employee Retention Credit Claims
Public Service Announcement - IRS Issues 20,000 Disallowance Letters on Employee Retention Credit Claims Hot off the press! The IRS has announced that it is going to send out 20,000 disallowance letters. The IRS is letting certain...
Three Warning Signs Your Employee Retention Claim Could be Audited by the IRS
3 Warning Signs Your Employee Retention Credit (ERC) May Be Audited In my last post, I talked about the IRS' moratorium on ERC claims and how to withdraw a claim. In this post, I am going to discuss the big three warning signs that your...
PSA – IRS Moratorium on Employee Retention Credit Claims
Public Service Announcement - IRS Moratorium on Employee Retention Credit Claims ("ERC") and What it Means for You Unless you've been living under a rock, most people have heard about the COVID era credit for employers who kept their...
Inaugural blog post
Thank you for stopping by my small corner of the internet. My name is James Wade, and I am the owner of Beacon Tax Advocates and a tax resolution specialist. My company’s mission is to help taxpayers find a permanent resolution to their...
How the IRS Audits…Real Estate Agents
How the IRS Audits...Real Estate Agents In this video, Attorney Wade breaks down how the IRS audits real estate agents and what expenses are most often the target of IRS auditors. Contact Us I am Maine’s IRS Problem Solver. My firm helps...
Tax Train Wrecks – The Case of the Scammed Senior
Tax Train Wrecks - The Case of the Scammed Senior In this video, Attorney Wade discusses a recent taxpayer victory! Learn how he helped a scammed senior citizen get relief from a tax debt caused by scammers who stole over $400k from her....
IRS Stealth Audit – What if the IRS is Potentially Right?
IRS Stealth Audit - What if the IRS is Potentially Right? In this video, Attorney Wade discusses what options you have even if the IRS may be right on the CP2000 letter. Don't just roll over and pay the bill. If you haven't watched the...