What’s Sensible for Expert Help Fees?

Representation

What’s Sensible for Expert Help Fees?

Jan 30, 2022 by Ed Babitzke 0 Comments

Let’s face it is the most important question when searching for help with anything is: What’s it going to cost me? In my opinion it shouldn’t be, but like you I don’t like spending too much for stuff. To get to it…

There have been several surveys about pricing and, including the “big box shops”, the average was over $8,000.00.

My average fee is $1,850.00. Now don’t just say it is way too much. Fees depend on the level of service required which can be as low as $350 for IRS research to over $4,500 for full representation on a complex case.

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Uncategorized

New IRS Online ID Verification

Nov 17, 2021 by Ed Babitzke 0 Comments

It highly recommended to set up an account with the IRS to view your information.

IRS unveils new online identity verification process for accessing self-help tools

WASHINGTON – The Internal Revenue Service today announced the launch of an improved identity verification and sign-in process that enables more people to securely access and use IRS online tools and applications.

Taxpayers using the new mobile-friendly verification procedure can gain entry to existing IRS online services such as the Child Tax Credit Update Portal, Online Account, Get Transcript Online, Get an Identity Protection PIN (IP PIN) and Online Payment Agreement. Additional IRS applications will transition to the new method over the next year.

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Strategies

Last minute stock portfolio strategies.

Nov 5, 2021 by Ed Babitzke 0 Comments

When you take advantage of the tax code’s offset game, your stock market portfolio can represent a little gold mine of opportunities to reduce your 2021 income taxes.

The tax code contains the basic rules for this game, and once you know the rules, you can apply the correct strategies.

Here’s the basic strategy:

  • Avoid the high taxes (up to 40.8 percent) on short-term capital gains and ordinary income.
  • Lower the taxes to zero—or if you can’t do that, then lower them to 23.8 percent or less by making the profits subject to long-term capital gains.

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