CANDACE STEVENS's (numbercruncherllc) Blog

Do you claim a tax deduction for a home office?  Should you include or exclude your garage space in your calculations of business-use percentage?The focus of our practice is helping individuals and businesses resolve their IRS tax problems in the Las Vegas, Nevada, St. George, Utah areas, and els...

If you are suffering or about to suffer an IRS audit, you should know how your tax positions stack up against the IRS examiners’ positions.  In most cases, you are discussing the facts, not the law, and you prove your facts with receipts, canceled checks, and logbooks.  The focus of our practice ...

If you made an error on your tax return, don’t worry—there are two easy ways to fix it:  A superseding return A qualified amended return  A superseding return is an amended or corrected return filed on or before the original or extended due date. The IRS considers the changes on a superseding ret...

As you can see from Part 1 of the Tax Changes for 2021, there have been quite a few changes so far this year.  Below are the 2nd half of the tax changes: Estate and Gift Taxes- The lifetime estate and gift tax exemption for 2020 jumped from $11.58 million to $11.7 million — $23.4 million for coup...

I know, it's only July, and thinking about taxes is the last thing you want to do.  However, this year especially, it is essential you start thinking about taxes now.  #1:  2021 has seen many tax changes in just a few short months.  These changes may affect your refund or tax liability.  #2: With...

The IRS lists the worst of the worst tax scams in 2020.  Just because this list is for 2020 doesn't mean the scams have stopped. If anything the scammers are thinking of new ways to try to scam the public. Remember the IRS will NEVER call, text, or email you asking for personal information.  Belo...

The focus of our practice is helping individuals and businesses resolve their IRS tax problems in the Las Vegas, Nevada, St. George, Utah areas, and elsewhere.   However, we also like to educate taxpayers to help them avoid an audit, or if they get audited, the IRS doesn't find anything to charge...

At Number Cruncher LLC we like to educate taxpayers to help them avoid an audit.  The IRS does not take cheating on tax returns lightly.  Sometimes you may not even realize you are cheating on your taxes. Below are 8 ways you may be cheating on your taxes without realizing it:  Not reporting ALL ...

The IRS has updated the Child Tax Credit portal to allow families to unenroll from receiving Advanced Child Tax Credit payments.Some reasons families may need/wish to unenroll are: Their income in 2021 is too high to qualify them for the credit. Someone else (an ex-spouse or another family member...

Many people are receiving advanced payments of their child tax credit for 2021, thanks to the American Rescue Plan Act that was signed in March 2021. The direct deposits and checks started going out this month. The amounts that will be sent out are $300 a month for each child under the age of 6 a...