WOW - Words of Wealth by CPAs of Florida - Noack & Company

The IRS is now starting to use QR codes when they send out a couple of their letters-QR codes are those barcodes that you can scan with your phone, and magically lots of information is brought up. The IRS notoriously is a bit behind the technology times, so it is really neat to see them adopting this particular piece of technology! This will only be on a couple of their letters initially and is intended to direct you to ways to pay your taxes or ask for help in a quick manner. Listen in to hear more!

Are you trying to efile your 2019 tax return and having a problem? We have had countless clients with the same problem that was a hidden result of using the IRS's non-filer tool they put on their website earlier this year to help you get your stimulus check. Lots of people misunderstood the intent of this tool, and it is now causing them grief when they try to electronically file their 2019 tax return. If this is you, you used this tool and are now having issues e-filing your 2019 tax return, listen in to learn more about what likely happened and how you can fix it.

There has been a lot of talk in the news about the Stimulus checks and the deadlines to apply for them. Today's episode will focus on the people who do not have to file a tax return, what they need to do to get their check and when they need to do it by. We will also discuss people who do need to file a tax return to get their check and have not yet done that. Listen in to make sure you know what you need to do tog et yours and when you need to do it by!

As we come up on the 10/15 extended tax deadline, we have had a flurry of clients requesting another extension (on top of the normal 10/15 extensions). Every year we have a few clients raise this question, so this episode will address this exact topic! Spoiler alert- the answer is no, there is no additional extension after the normal extension.

We get tons of questions on how to pay estimated taxes, when to pay estimated taxes, and how much to pay in estimated taxes. Listen to learn the answers to these questions as well as the associated penalties for failure to pay estimated taxes. We will also address the COVID 19 relief available for failure to pay estimated taxes.

Whoops! Did you miss the 9/15 Business Tax filing deadline? Let's face it- life gets in the way sometimes. There is a nasty little penalty that kicks in as soon as you miss it, listen in to learn more about the late filing penalty, and what you should do immediately to try to get on top of this!

Carol McCarley and Janet Noack will answer your questions about the deductibility of expenses related to rental properties owned by non US persons in the US. We will discuss what happens when a rental property is used personally and how that affects your US taxes and deductions. Listen for these answers and more.

Non US persons need to decide how to buy US properties. Should they buy the property personally, in an LLC or a Corporation? What tax filings are required? What happens if I want to buy a property with others? How does this all work? Listen to hear the answers to this and more.

What is an ITIN? How can I get an ITIN? Why do I care? Learn why and what it takes to get a US ITIN. Join Carol McCarley and Janet Noack for a series on Non-US persons and US taxation.

It's never easy talking about being in a cash crisis, but when it happens, it's really important! Here are 4 tips to help you deal with a cash crisis a little better.