tax: $600 new IRS Form 1099 reporting requirement - 01/06/22 09:33 AM
IRS has a new $600 Form 1099 Reporting requirements for Third Party Network transactions ie Venmo, CashApp, zelle, apple pay, Paypal.
 
This is for “sales of goods and services”, this is not for payments to reimburse friends and family.
 
American Rescue Plan Act of 2021
 
No new tax law, this will just now make the IRS aware that you have this income, so if it does not end up on your return, the IRS will be asking for it.
 
https://youtu.be/uYyUhvvL0ck
https://eataxresolutions.com/
 
 
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tax: LLC and Tax - The Truth - 01/03/22 04:48 PM
This is an important one here, a lot of current and to be business owners need to hear. There is a big misconception about LLC and the way they "save" you on taxes. Be sure to check this one out. https://www.youtube.com/watch?v=8sipfVVF-EI   https://eataxresolutions.com/   #LLC #tax #taxes #businessowners … (0 comments)

tax: IRS Proposed Amount Due - How to Respond - 12/16/21 10:28 PM
Run through an example where the taxpayer forgot to include stocks on his return, and the IRS gave him a fun notice.  I go A-Z on how to respond to these things properly to pay the correct amount, in this case $15k less.  https://www.youtube.com/watch?v=1MXWOHExTT0   https://eataxresolutions.com/   #tax #IRS #CP2000 #turbotax … (0 comments)

tax: IRS Notice - Proposed Amount - Issues to Lower Amount - 12/09/21 04:40 PM
IRS Proposed amounts are scary, but there are ways to reduce those and here are the issues that have that as a possibility.  Check it out!  https://youtu.be/vFHNGfVDvUI   #IRS #CP2000 #Notice … (0 comments)

tax: Dependent Care FSA - 09/18/21 02:16 PM
If your employer offers the Dependent Care FSA and you are paying for daycare, take advantage! Check out this video to learn why, and how this works.  https://youtu.be/2PnvgRfQrks   Eataxresolutions.com   Anthony Fontana CPA 800-245-0596   #FSA #DependentCare #Tax … (0 comments)

tax: HSA vs FSA - 09/06/21 03:42 PM
Ever wondered about the differences between the FSA or HSA? Well, check out the video to decide!
 
https://youtu.be/X0zUj7w0Phg
 
 
#FSA #HSA #HSAvsFSA
 
eataxresolutions.com
 
Anthony Fontana CPA
800-245-0596
(0 comments)

tax: What to do if you owe back taxes to the IRS - 08/30/21 08:35 AM
In this video, I explain what needs to be done if you owe back taxes.
 
Check it out!
https://www.youtube.com/watch?v=i33fOD58wnM&t=12s
 
https://eataxresolutions.com/
 
Anthony Fontana CPA
800-245-0596
 
 
 
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tax: How to fill out IRS Form 656 - 2021 - 08/20/21 08:30 AM
In this video I will be explaining how to fill out the updated IRS form 656 for 2021. We will be going line by line through the form, to be sure you understand how to fill this out.
 
The IRS form 656 is used to file an IRS offer in compromise. It’s the contract that lays out the terms of the tax settlement.
https://youtu.be/DHbfhlul-vE
 
Anthony Fontana CPA
800-245-0596
eataxresolutions.com
 
#tax #IRS #offerincompromise
 
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tax: How to fill out IRS Form 433-A OIC - 2021 - 08/12/21 08:34 AM
If you are looking to settle you taxes with the IRS, then most likely you will need to fill out the IRS Form 433-A OIC. This video is a step by step guide on how to fill it out.  https://youtu.be/hy8c-iA9AD4   eataxresolutions.com   Anthony Fontana CPA 800-245-0596   #irsofferincompromise #IRS #Tax … (0 comments)

tax: How to fill out IRS Form W9 - 08/10/21 10:33 AM
The infamous IRS form W9. Well, here's how to fill it out.
 
https://youtu.be/Dro10zR5-sQ
 
#W9 #IRS #tax
 
eataxresolutions.com
 
Anthony Fontana CPA
800-245-0596
(0 comments)

tax: Case Study - IRS Offer in Compromise - Accepted - 08/06/21 09:21 AM
In this video we go over a case study where we got an IRS offer in compromise accepted.
 
Taxpayer in the example is single no dependents, owns an S-Corp (So we go over the 433-A OIC and the 433-B OIC. As well as the taxpayer qualified for the low income certificate so he did have to make a down payment with the offer or he didn't have to pay the application fee.
 
https://www.youtube.com/watch?v=uVSLFiRp7iw
 
eataxresolutions.com
Anthony Fontana CPA
800-245-0596
(0 comments)

tax: Why Most IRS Offer in Compromise Get Rejected - 08/04/21 08:38 AM
In this video we discuss the #1 reason why most IRS Offer in Compromises get reject. We go through the section of the IRS Form 433-A OIC where the misunderstanding is that causes the rejections. Hope it helps!
 
https://www.youtube.com/watch?v=_DTcLgfc8XE
 
eataxresolutions.com
 
Anthony Fontana CPA
800-245-0596
(0 comments)

tax: Best Tax Saving for Self Employed - 07/28/21 04:24 PM
The best way to save on tax for Self Employed. Whether you are a sole proprietor, partnership, S-Corporation or C-Corporation, this video will apply. Check it out.
 
https://youtu.be/3zdEaohZ5RU
 
eataxresolutions.com
 
Anthony Fontana CPA
949-791-7039
(1 comments)

tax: The Basics of Gift Tax in 2021. - 07/27/21 04:37 PM
What is a gift?
Who is subject to gift tax?
How much can you give and avoid paying the gift tax?
What if you give over $15,000 to one person?
Exemptions from the Gift Tax
How much is the gift or estate tax?
Foreign Gifts
 
https://www.youtube.com/watch?v=7vF6Vi96q14
 
Check it out.
 
eataxresolutions.com
Anthony Fontana CPA
(0 comments)

tax: How the CSED can affect Your IRS Offer in Compromise - 07/20/21 02:08 PM
The statute of limitation or CSED of 10 years to collect has an affect on your IRS offer in compromise. Check out this video to learn more about it.
 
https://www.youtube.com/watch?v=aQCLsDIBU5s&t=5s
 
eataxresolutions.com
 
Anthony Fontana CPA
800-245-0596
(0 comments)

tax: The IRS has 10 years to collect your taxes - 07/20/21 02:06 PM
The IRS only has 10 years to collect on your taxes. Watch the video to learn all about it!
 
https://www.youtube.com/watch?v=TK8gWtDM4t0&t=1s
 
Check it out!
 
Anthony Fontana CPA
800-245-0596
 
(0 comments)

tax: IRS Withholding Estimator Tutorial - 07/20/21 01:53 PM
Check out this video of a step by step tutorial on how to use the online IRS withholding estimator tool.
 
https://www.youtube.com/watch?v=LGBAUNt5FPY&t=1s
 
eataxresolutions.com
 
Anthony Fontana CPA
800-245-0596
(0 comments)

tax: How to fill out Form W4 - Updated 2021 - 07/20/21 01:49 PM
How to fill out Form W4 - Updated 2021 - Step by Step video
 
https://www.youtube.com/watch?v=MrinMDixFCI
 
 
eataxresolutions.com
 
Anthony Fontana CPA
800-245-0596
(0 comments)

tax: IRS Offer in Compromise Example $30k settled for $7k - 07/20/21 01:46 PM
Actual example of an IRS Offer in Compromise I got accepted. $30k for $7k. Step by Step.
 
https://www.youtube.com/watch?v=Nb9Fc2JeoiU&t=3s
 
Check it out!
 
Anthony Fontana CPA
800-245-0596
(0 comments)

tax: California Golden State Stimulus - Round 2 - 07/20/21 01:42 PM
California has a stimulus too! Check out the video to learn everything you need to know.
 
https://www.youtube.com/watch?v=G1itUWC2ads
 
eataxresolutions.com
 
Anthony Fontana CPA
800-245-0596
(0 comments)

 
Anthony Fontana, Tax (EA Tax Resolutions)

Anthony Fontana

Tax

Newport Beach, CA

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EA Tax Resolutions

Address: 4630 Campus Dr #203, Newport Beach, California, 92660

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