Wendy Litten, EA
4400 Route 9 South
Freehold, NJ 07728
(609) 259-0759taxes@wendylitten.com
I’m Wendy Litten, EA. Everyday, I help my clients with filing personal and business tax returns and QuickBooks. However, with increased IRS activity, I’ve also been specializing in tax problem-solving, including IRS notices, back taxes, overdue returns, liens, offers in compromise and all types of IRS problems. Here, I will share my experiences and hope to help those in similar situations.
Category Archives: Business Taxes and Accounting
Beware the 3.8% Investment Surtax
Plan now to save yourself from this new tax on investment income. If you meet the income thresholds below and have net investment income, an additional 3.8% tax will be due. This tax went into effect on January 1, 2013. … Continue reading
NEW S-Corp Late Filing Election Procedure
Filing a late S-Corporation Election is now much easier and has a longer or no deadline for many filers. Previously, if a business intending to be taxed as a Sub-chapter S Corporation failed to to file a timely election, but … Continue reading
Posted in S-Corp Taxes, Tax News
Leave a comment
2012 Small Business Calendar Available
Order the IRS Small Business Calendar and keep track of important tax and payroll dates. Did I mention that it’s free? Completely free and very handy to have around the office. I keep a few on hand to give to … Continue reading
Posted in Business Taxes and Accounting, Tax News
Leave a comment
Beware the IRS Mistake in Your Favor
According to the National Association of Tax Preparers newsletter, the IRS is issuing refund checks to certain taxpayers …. by mistake! I wouldn’t cash that check you receive (without checking with me or another tax preparer) if the letter that … Continue reading
Tax Savvy for Small Business Book Review
Tax Savvy for Small Business is a clear and handy guide to many aspects of small business taxation. If you own a business, I recommend you leaf through it and then sit down and read the sections relevant to your … Continue reading
Late Filing Your S-Corp Election Part 1
Did you just realize that no one filed the one piece of paper that changed your C-corporation or LLC into an S-corporation? The election to S-corp should have been filed the year before it applies or within 2 months and … Continue reading