Lower My Tax Now Blog

HUD-1 Replaced By Two New Forms

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

The Consumer Financial Protection Bureau has created two new forms for borrowers applying for a mortgage loan. The new forms, Loan Estimate and Closing Disclosure, replaced the HUD-1 statements. The new forms have been in use since October 3, 2015….

Receipt of Tax Document After You Filed Your Taxes

Have you ever filed your taxes and after you received your refund, you got an additional tax documents in the mail?

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

If that ever happened to you, here are your two options:
1. File an amended return – if you received an additional…

What Do You Do If You Did Not Receive Your 1099?

Have you ever worked as an independent contractor and you were not given a 1099 form to report your income? What do you do? Do you report it or ignore it?

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

If that ever happened to you, my recommendation is to…

Five Items To Consider When Starting A New Business

Are you starting or planning a new business this year? If yes, make sure you consider these five items into account.

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

• Business plan. You need to outline who will own the business and what the legal structure will be, your…