by Sanjay Muppaneni, CPA, EA | Jun 17, 2021 | TaxPers
The unfortunate reality is that if you have an unfiled tax return — even if you don’t owe any taxes that year — there can be problems. And, that is obviously the case if you do happen to owe taxes. Not only can the federal government stir up trouble...
by Sanjay Muppaneni, CPA, EA | Jun 17, 2021 | TaxPers
As the old joke goes, the only two guarantees in life are death and taxes. In these updates, I obviously spend a lot of time talking about taxes. But the other part of that axiom is a subject that most people don’t want to talk about, let alone actively plan for. But...
by Sanjay Muppaneni, CPA, EA | Jun 17, 2021 | TaxPers
Every year, the IRS charges tax debtors a boatload of penalties (and it’s enough to have you screaming for penalty relief). Just how much? If you’re a Milpitas resident and you owe taxes, you should definitely take a look… To put this in perspective, the...
by Sanjay Muppaneni, CPA, EA | Jun 17, 2021 | TaxPers
Stress. Anxiety. Unease. Worry. And a pinch of aggravation just to round it all out. No, I’m not talking about the next federal tax deadline. Or am I? For millions of Americans every year (including all of us Milpitas folks), the tax filing deadline points to a...
by Sanjay Muppaneni, CPA, EA | Jun 17, 2021 | TaxPers
These days, it seems like everybody and their uncle has a “side hustle.” From delivering for Uber Eats and Instacart to selling crafts on Etsy to teaching English online to renting out your front yard for dog parties on Sniffspot (yes, this is a real thing), there...
