Lower My Tax Now Blog

What Do You Do When You Receive an IRS Letter CP2000?

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Have you ever received an IRS CP2000 letter in the mail? Did you start breathing faster and you don’t know what to do? Before you panic, I will share with you some tips on how to handle IRS CP2000 notices.

Hello, this is Noel Dalmacio, your ultimate CPA at LowerMyTaxNow.

You…

Three Summer Tax Tips for Newlyweds

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Are you planning to tie the knot this summer? If you already did, then my warmest congratulations to both of you! To make sure that there are no surprises come tax time, I will share with you three summer tax tips that you can do right now.

Hello, this is…

When Does Your Kid Have to File a Tax Return?

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Did your kid get a part-time job during the summer? And now you were you wondering if your kid needs to file taxes for next year.

Hello, this is Noel Dalmacio, your ultimate CPA at LowerMyTaxNow.

If your kid has only a W-2, your kid needs to file a return if…

Tax Strategy When Selling Your Home After Your Spouse’s Death

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Did you own a home with your spouse when she was still living? And were you planning to sell your home but you were wondering if you can claim the capital gain exemption?

Hello, this is Noel Dalmacio, your ultimate CPA at LowerMyTaxNow.

In order to claim the $500,000 capital gain…

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